Memphis Grizzlies Net Worth is269 $Million
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Current: 2012–13 Memphis Grizzlies season

Logo: Memphis Grizzlies.svg

Conference: Western Conference (NBA)

Division: Southwest Division (NBA)

Founded: 1995

History: '''Vancouver Grizzlies''' , 2001–present

Arena: '''FedExForum'''

City: Memphis, Tennessee

Colors: Navy, Beale Street Blue, Smoke Blue, Yellow , #001F70 #7399C6 #BED4E9 #FDB927

Coach: Lionel Hollins

Owner: Robert Pera

General Manager: Chris Wallace (NBA general manager)

Affiliate: Reno Bighorns

League Champs: '''0'''

Conf Champs: '''0'''

Div Champs: '''0'''

Playoff Appearances: '''0'''

Web: grizzlies

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The Memphis Grizzlies are a professional basketball team based in Memphis, Tennessee, USA. The team is part of the Southwest Division of the Western Conference in the National Basketball Association (NBA). Along with the Toronto Raptors, the Grizzlies were established in 1995 as part of the NBA's expansion into Canada. The team originated that year in Vancouver, British Columbia and relocated to Memphis in 2001. The team's majority owner is Robert Pera, the remaining is controlled by several minority owners, including Jason Levien, Pitt Hyde, founder of AutoZone, and his wife Barbara Hyde, equity manager Staley Cates, former NBA player and University of Memphis point guard Elliot Perry, singer Justin Timberlake and NFL quarterback Peyton Manning and his wife, Ashley Manning.
While two other teams in Tennessee (Tennessee Titans and Nashville Predators) in the four major North American sports leagues (NFL, NBA, MLB, NHL) play in Nashville, the Grizzlies are the only team currently to play in Memphis.
The Grizzlies applied with the NBA to relocate to Memphis on March 26, 2001 and it was granted. Memphis became the Easternmost city in the Western Conference. In their first three seasons in Memphis, the Grizzlies played their home games at the Pyramid Arena.
In the 2001 NBA Draft, the Atlanta Hawks drafted Pau Gasol as the 3rd overall pick, who was traded to the Grizzlies. After the Grizzlies' first season in Memphis, Gasol won the NBA Rookie of the Year Award. The Grizzlies also drafted Shane Battier, who quickly became an unofficial spokesman for the team and a fan favorite. However, despite the strong draft class, general manager Billy Knight was let go. After Knight's departure and the 2001a??02 season, the team hired former Los Angeles Laker and Hall of Famer Jerry West as general manager in 2002, who later received the 2003a??04 NBA Executive of the Year Award. After West's arrival the team was changed a great deal from Knight's team, with the removal of S

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Memphis Grizzlies Latest News

Grind City Media ‘Phase 2’ has the potential to increase the value of the Memphis Grizzlies

Grind City Media, which is owned by the Memphis Grizzlies, is expanding its operation and with it, the value of the Grizzlies as a business. Diversification of assets is just as important for building a highly-profitable business as it is for individual ...
Posted: August 22, 2017, 10:44 am

David Fizdale Is Calling for the Removal of Memphis’s Confederate Monuments

Memphis Grizzlies coach David Fizdale did the same and more. First, he spoke with journalist Wendi Thomas of MLK50: Justice through Journalism about his thoughts on the president and the Confederate monuments in the city of Memphis. “Take ’em down.
Posted: August 21, 2017, 1:23 pm

Grizzlies coach on Confederate monuments in Memphis: ‘Take ‘em down’

Memphis Grizzlies head coach David Fizdale heavily criticized President Trump’s comments on the white nationalist rally in Charlottesville, Virginia, last weekend, calling for the Confederate monuments in Memphis, Tennessee, to be removed immediately.
Posted: August 17, 2017, 9:40 am

Memphis Grizzlies release schedule

It might seem like the NBA playoffs just ended — they kind of did — but the 2017-18 season is near. The regular season schedule for the Memphis Grizzlies was just released, and opening night is scheduled for Wednesday, Oct. 18 at 7 p.m. against the New ...
Posted: August 15, 2017, 5:39 am

Grizzlies’ Chandler Parsons drops $10.9 million on new Bel-Air home

Memphis Grizzlies forward Chandler Parsons has found a new spot to spend his offseasons, buying a home in Bel-Air for $10.9 million, according to real estate sources not authorized to comment on the deal. The modern farmhouse, developed by Justin Barth of ...
Posted: August 21, 2017, 6:58 pm
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