Robert Pera Rumors


Storyline: Memphis Grizzlies Sale?
Once triggered, the three groups negotiated for 60 days to try to strike a deal before Kaplan and Straus submitted binding bids, sources have told ESPN. That window ended without a deal. Kaplan and Straus then submitted separate bids, with Straus’ bid the highest. After a waiting period, Pera announced Monday that he would match the bid and buy out Straus. What happens to Kaplan and his shares is unclear. Pera also said he plans to keep the team in Memphis.
2 weeks ago via ESPN