HoopsHype Peyton Manning rumors

November 4, 2012 Updates
November 1, 2012 Updates

The Memphis Grizzlies have changed owners officially, and the new bosses want to make clear their commitment to staying in Tennessee very clear. "The Grizzlies are here to stay in Memphis," new Grizzlies chairman Robert J. Pera said. The Grizzlies announced Wednesday that the reported $377 million sale by Michael Heisley had been finalized to a group led by Pera, a former Apple engineer who founded the communications technology company Ubiquiti Networks. The group includes local businessmen, entertainer Justin Timberlake, Memphis native and former NBA player Penny Hardaway, a former U.S. congressman and Ashley Manning, wife of four-time NFL MVP Peyton Manning. ESPN.com

An introductory media conference will be held at 10 a.m. this coming Monday, November 5. Pera and members of the new ownership group will be on hand for their first event at FedExForum to tip-off a new era in Memphis Grizzlies basketball and both media and the general public are invited to attend. For those members of Grizz Nation unable to attend in person, the press conference will be streamed in its entirety online at grizzlies.com. ESPN.com

October 29, 2012 Updates

$377,000,000 -- Final sales price, per sources, of the Memphis Grizzlies from former owner Michael Heisley to a group led by wireless technology entrepreneur Robert Pera. There had been questions about Pera's financial stake after his Ubiquiti Networks wireless equipment supply company reportedly lost tens of millions of dollars in value in recent months, but Pera bolstered his group -- which includes minority ownership stakes by Denver Broncos quarterback Peyton Manning, ex-NBA All-Star Penny Hardaway and former Congressman Harold Ford, Jr. -- with two substantial minority partners who each put up more than $25 million in cash, according to a source. NBA.com

October 25, 2012 Updates
October 23, 2012 Updates

Sources told ESPN.com that one of the key agenda items at this week's two-day Board of Governors session in Manhattan is ratifying the transfer of control of the Grizzlies from the outgoing Michael Heisley to Pera's star-studded consortium, which includes actor/singer Justin Timberlake as well as Denver Broncos quarterback Peyton Manning and wife Ashley. Timberlake and Ashley Manning are native Memphians, as are two more prominent minority owners in Pera's group: Ex-NBA All-Star Penny Hardaway and former Congressman Harold Ford Jr. ESPN.com

October 5, 2012 Updates

NFL quarterback Peyton Manning, wife Ashley, and former NBA player Penny Hardaway have agreed to join the group of minority owners for the Memphis Grizzlies, said a person familiar with the deal. The Mannings and Hardaway join a minority group that includes singer and actor Justin Timberlake and a couple of Memphis businessmen, the person told the Associated Press on Thursday on condition of anonymity because prospective buyer Robert J. Pera's purchase of the Grizzlies is pending approval by the NBA. Philadelphia Inquirer

October 4, 2012 Updates
March 8, 2012 Updates

LeBron noted during his postgame TV interview that Manning once did something similar while playing college ball at Tennessee. “I’m just sayin’,” LeBron said. “Dolphins need a quarterback, and Peyton’s available.” Later, I asked LeBron if he was trying to recruit Manning to Miami. “Oh, you guys heard me?” he said with a smile. “I gave my pitch, my one and only pitch. We’ll see what happens.” Are the two superstars friends? “No, not a friend of mine,” LeBron said. “But I’m a Miami Heat player, and I want Miami sports to be great: The U, the Dolphins, the Marlins, the Heat, of course.” Sorry, Panthers. Your first-place team never came up for some reason. “Peyton Manning is a great player,” LeBron continued. “No matter what happened this past year, his resume speaks for itself and it would be great to have him down here.” South Florida Sun-Sentinel

LeBron James, a Cowboys fan, then made a Peyton Plea during his post-game interview with SunSports. “I gave my pitch, my one and only pitch,” James said later. ”We’ll see what happens.” He said he’s not friends with Manning, “but I want Miami sports to be great.” Udonis Haslem has more at stake. He’s a life-long, frustrated Dolphins fan. “I’m already working on that,” Haslem said. “I’m thinking Peyton Manning and Reggie Wayne. If we can work that out, we’ve got big Brandon Marshall, then we’re on our way. We got a solid defense. So, if you all hear me, Peyton and Reggie, you know what I mean, wink, wink, make it happen.” Palm Beach Post

Any rumor missing? E-mail us at   hoopshype@hoopshype.com.