However, Grizzlies owner Robert Pera would have to sell…

3 years ago via ESPN
However, Grizzlies owner Robert Pera would have to sell the team in order to move it under the terms of the lease, and Pera has given no indication he plans to do so. Quite the opposite, actually. Earlier this year, Pera agreed to buy out some of his minority owners at a price that valued the team at nearly $1.3 billion, league sources said. At the time, Pera told season-ticket holders in a statement that “I am committed to Memphis as an NBA market and as the home of the Grizzlies.”
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