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Grizzlies' Minority Owners Value Franchise At $1B As Part Of Buy/Sell Clause

Mar 22, 2018 1:58 PM

Steve Kaplan and Daniel Straus have valued the Memphis Grizzlies at more than $1 billion as part of their buy/sell clause with controlling owner Robert Pera.

Pera must decide whether he will sell his stake to Kaplan and Kraus at that valuation or buy them out at it.

The majority of Pera's net worth is held in Ubiquiti Networks stock.

Pera purchased the Grizzlies in October of 2012. When Pera bought the team in 2012, the NBA had concerns about Pera affording the team on his own and suggested the unusual buy/sell option between Pera, and Kaplan and Straus.

Pera put in $38 million of equity while Kaplan and Straus put in $25 million each.

Local limited partners put in a total of $78 million.

Daniel Kaplan/Memphis Business Journal

Tags: Memphis Grizzlies, NBA, NBA CBA

Grizzlies Sign Briante Weber To 10-Day Contract, Waive Xavier Rathan-Mayes

Mar 14, 2018 1:15 PM

The Memphis Grizzlies have signed guard Briante Weber to a 10-day contract as a Call-Up from the NBA G League’s Sioux Falls Skyforce. In addition, the team waived guard Xavier Rathan-Mayes (X-avier RUH-tan Mays).

Weber (6-2, 165) began this season as a two-way player for the Houston Rockets and Rio Grande Valley Vipers. He came off the bench in all 13 of his appearances for the Rockets and averaged 2.0 points, 1.4 rebounds and 1.0 assists in 9.1 minutes; he started all 13 of his games with the Vipers and averaged 18.2 points, 6.4 rebounds, 7.2 assists and 3.31 steals in 34.4 minutes. At the conclusion of his two-way contract, Weber entered into his third career stint with Sioux Falls where he started all 15 of his games and averaged 14.3 points, 6.5 rebounds, 6.7 assists and 2.07 steals in 34.4 minutes.

RealGM Staff Report

Tags: Xavier Rathan-Mayes, Briante Weber, Memphis Grizzlies, NBA, NBA Signing Rumor, NBA Misc Rumor, NBA Waiver

Grizzlies Sign Xavier Rathan-Mayes To 10-Day Contract

Mar 4, 2018 11:00 AM

The Memphis Grizzlies have agreed to sign Xavier Rathan-Mayes to a 10-day contract.

Rathan-Mayes has been playing with the Westchester Knicks of the G League.

Shams Charania/Yahoo! Sports

Tags: Xavier Rathan-Mayes, Memphis Grizzlies, NBA, NBA Signing Rumor, NBA Misc Rumor, D-League

Marc Gasol: This Is The NBA, Not The G League

Feb 28, 2018 4:33 PM

Marc Gasol was asked about his frustration level this season as the Memphis Grizzlies have one of the worst records in the NBA.

"It's pretty high," Gasol said. "It's pretty high."

Gasol was asked whether Wednesday's game against the Suns would be an opportunity to win.

"That'd be ideal just to show guys and give confidence to guys to show them that doing the right thing, it's important. It makes you win games. Winning is what this is about," Gasol said. "It's not about somebody playing well or getting, you know, your reps or developing players. Because we have a league for that. We have a league and a team here in Memphis to develop guys. This is the NBA, not the G League."

Ronald Tillery/Memphis Commercial Appeal (via

Tags: Marc Gasol, Memphis Grizzlies, NBA

Brandan Wright, Grizzlies Negotiating Buyout

Feb 9, 2018 7:20 PM

Brandan Wright and the Memphis Grizzlies are working on a buyout.

Wright will receive interest from several contending teams once he clears waivers.

Wright signed a three-year, $18 million deal with the Grizzlies in 2018.

ESPN's Tim MacMahon reports the Houston Rockets are the favorites to sign Wright if he's bought out.

Chris Haynes/ESPN

Tags: Brandan Wright, Memphis Grizzlies, NBA, NBA Signing Rumor, NBA Misc Rumor

Grizzlies Rejected Emmanuel Mudiay, 2nd Round Pick From Nuggets For Tyreke Evans

Feb 9, 2018 10:23 AM

The Denver Nuggets attempted to trade for Tyreke Evans with the Memphis Grizzlies at the deadline and presented two offers.

Denver offered Memphis either Emmanuel Mudiay and a second round pick, or an expiring contract and multiple second round picks.

The Grizzlies wanted more in exchange for Evans and didn't want any salary for the 18-19 season. Mudiay was eventually traded to the New York Knicks.

Memphis failed to find a workable trade of Evans, who they signed to a one-year, $3.3 million contract.

The Washington Wizards also had interest in Evans and likely would have parted with two second round picks as well.

Zach Lowe/ESPN

Tags: Tyreke Evans, Emmanuel Mudiay, Denver Nuggets, Memphis Grizzlies, New York Knicks, NBA, NBA Trade Rumor, NBA Misc Rumor

Pistons Trade Brice Johnson, 2nd Rounder To Grizzlies For James Ennis

Feb 8, 2018 12:25 PM

The Memphis Grizzlies have traded James Ennis to the Detroit Pistons for Brice Johnson and a second round pick.

The Pistons also pursued a similar trade for Dante Cunningham.

Adrian Wojnaroski/ESPN

Tags: Brice Johnson, James Ennis, Detroit Pistons, Memphis Grizzlies, NBA, NBA Trade Rumor, NBA Misc Rumor

Grizzlies Not Interested In Opening Marc Gasol Trade Talks

Feb 8, 2018 8:14 AM

The Memphis Grizzlies have consistently resisted opening a dialogue with rival teams about trading for Marc Gasol.

Gasol can become a free agent in 2019 and is due $24.1 million in 18-19 along with an early termination option in 19-20 worth $25.6 million. Gasol signed a five-year, $110 million contract with the Grizzlies in 2015.

The Grizzlies are out of playoff contention this season and may be beginning a full rebuild in the near future.

Adrian Wojnarowski/ESPN

Tags: Marc Gasol, Memphis Grizzlies, NBA, NBA Trade Rumor, NBA Misc Rumor

Grizzlies Continue To Seek FRP For Tyreke Evans

Feb 8, 2018 8:05 AM

The Memphis Grizzlies continue to seek a first round pick in exchange for Tyreke Evans.

The Boston Celtics, Denver Nuggets and Philadelphia 76ers are interested in acquiring Evans but are reluctant to part with a first round pick or a young player.

While Evans is on an affordable expiring contract, he would be a pure rental for any team trading for him as they would not hold his Bird rights and need to use cap space to re-sign him.

Evans signed a one-year, $3.3 million contract with the Grizzlies last offseason and is averaging 19.5 points per game.

Adrian Wojnarowski/ESPN

Tags: Tyreke Evans, Boston Celtics, Denver Nuggets, Memphis Grizzlies, Philadelphia Sixers, NBA, NBA Trade Rumor, NBA Misc Rumor

Forbes Values Average NBA Franchise At $1.65 Billion

Feb 7, 2018 10:47 AM

The New York Knicks remain the NBA's most valuable franchise for the third straight season, according to Forbes' annual report.

The Knicks are valued at $3.6 billion, which is an increase of nine percent from 2017.

The Los Angeles Lakers rank second at $3.3 billion, an increase of 10 percent.

The Golden State Warriors, Chicago Bulls and Boston Celtics round out the top-5.

The average NBA franchise is now worth a record $1.65 billion, up 22% over last year, and more than triple the figure of five years ago. 

Every NBA team is valued at $1 billion or more for the first time in league history.

“Investor interest in the NBA is enormous right now,” said Forbes’ senior editor Kurt Badenhausen, “thanks to the league’s strong current economic environment, as well as the international growth prospects, which are the best of any major U.S. sports league.”

1. Knicks: $3.6 billion (+9%)
2. Lakers: $3.3 billion (+10%)
3. Warriors: $3.1 billion (+19%)
4. Bulls: $2.6 billion (+4%)
5. Celtics: $2.5 billion (+14%)
6. Nets: $2.3 billion (+28%)
7. Rockets: $2.2 billion (+33%)
8. Clippers: $2.15 billion (+7%)
9. Mavericks: $1.9 billion (+31%)
10. Heat: $1.7 billion (+26%)
11. Spurs: $1.55 billion (+32%)
12. Raptors: $1.4 billion (+24%)
13. Kings: $1.375 billion (+28%)
14. Wizards: $1.35 billion (+35%)
15. Cavaliers: $1.325 billion (+10%)
16. Blazers: $1.3 billion (+24%)
17. Suns: $1.28 billion (+16%)
18. Thunder: $1.25 billion (+22%)
19. Magic: $1.225 billion (+33%)
20. Jazz: $1.2 billion (+32%)
21. 76ers: $1.18 billion (+48%)
22. Pacers: $1.175 billion (+34%)
23. Hawks: $1.15 billion (+30%)
24. Nuggets: $1.125 billion (+26%)
25. Pistons: $1.1 billion (+22%)
26. Bucks: $1.075 billion (+37%)
27. Wolves: $1.06 billion (+38%)
28. Hornets: $1.05 billion (+35%)
29. Grizzlies: $1.025 billion (+30%)
30. Pelicans: $1 billion (+33%)


Tags: Atlanta Hawks, Boston Celtics, Charlotte Hornets, Chicago Bulls, Cleveland Cavaliers, Dallas Mavericks, Denver Nuggets, Detroit Pistons, Golden State Warriors, Houston Rockets, Indiana Pacers, Los Angeles Clippers, Los Angeles Lakers, Memphis Grizzlies, Miami Heat, Milwaukee Bucks, Minnesota Timberwolves, New Orleans Pelicans, New York Knicks, Orlando Magic, Philadelphia Sixers, Phoenix Suns, Portland Trail Blazers, Sacramento Kings, San Antonio Spurs, Toronto Raptors, Utah Jazz, Washington Wizards, Oklahoma City Thunder, Brooklyn Nets, NBA, NBA CBA

Celtics Seek FRP For Marcus Smart To Flip For Lou Williams Or Tyreke Evans
The Celtics rank 19th in the NBA in offensive efficiency.

Marc Stein/New York Times

76ers Interested In Trading For Tyreke Evans
The Grizzlies are seeking a first round pick for Tyreke Evans.

Marc Stein/New York Times

Chandler Parsons Denies Report Grizzlies Approached Him On Injury Retirement
Chanlder Parsons has only played in 26 games this season and could miss the remainder of the season.

Ronald Tillery/Memphis Commercial Appeal

Mike Conley Out For Season With Surgery On Heel
The surgery will "smooth a small bone protrusion" in Mike Conley's left heel.


Grizzlies Agree To Sign Myke Henry To Two-Way Deal
Myke Henry has been playing for the Blue of the G-League.

Shams Charania/Yahoo! Sports

Mike Conley: Everything Has Flipped After Beginning Season With So Much Optimism
Mike Conley Jr. was asked for his opinion on the state of the Grizzlies now that they've struggled during the 17-18 season.

Marc J. Spears/The Undefeated

Marc Gasol: My Job Is Not Allowing Anyone To Throw Away Season
Marc Gasol spoke with reporters for approximately 70 minutes this week.

Chris Herrington/Memphis Commercial Appeal

Marc Gasol Contends He Won't Ask For Trade From Grizzlies
Marc Gasol is due $24.1 million due in 18-19 and $25.6 million on a player option in 19-20.

Zach Lowe/ESPN

Grizzlies Continue To Believe Window Open With Marc Gasol, Mike Conley
The Grizzlies have struggled to put young supporting players in place around Marc Gasol and Mike Conley.

Zach Lowe/ESPN

Grizzlies Hire Greg Buckner As Assistant Coach
Greg Buckner joins the Grizzlies with five years of coaching experience (2011-16) with the Rockets.

RealGM Staff Report

Grizzlies' Minority Owners Exercise Buy-Sell Provision
Robert Pera will have to decide whether to buy out Steve Kaplan and/or Daniel Straus to keep control of the team or sell his shares at the set price.

Jon Krawczynski/The Athletic

Issues Between David Fizdale, Grizzlies Extended Beyond Current Season
Several players on the Grizzlies reportedly didn't like David Fizdale as a coach as much as many outsiders assumed.

Ken Berger/Bleacher Report

GM: Grizzlies Have No Plans To Trade Marc Gasol, Mike Conley
Chris Wallace remains optimistic that the Grizzlies can compete for a playoff berth this season.

Tim MacMahon/ESPN

Marc Gasol Was 'Shocked' By Grizzlies' Decision To Fire David Fizdale
Marc Gasol said he only spoke with Robert Pera after the decision to fire David Fizdale had been made.

Ronald Tillery/Memphis Commercial Appeal

Grizzlies Have Rejected Marc Gasol Trade Inquiries
Marc Gasol can become a free agent in 2019 and the Grizzlies appear to be on the verge of a rebuild.

Chris Mannix/The Vertical

Marc Gasol, David Fizdale Had Tension Throughout Tenure
The Grizzlies fired David Fizdale one day after he benched Marc Gasol for the fourth quarter of a loss to the Nets.

Ronald Tillery/Memphis Commercial Appeal

Grizzlies Fire David Fizdale
The Grizzlies have fired David Fizdale.

Adrian Wojnarowski/ESPN

Marc Gasol Upset Following Fourth Quarter Benching
David Fizdale said he wasn’t trying to send a message to Marc Gasol with his benching.

Ronald Tillery/Memphis Commercial Appeal

Mike Conley Out At Least Two Weeks With Heel, Achilles Issue
Mike Conley will undergo therapy and treatment to help promote healing and alleviate soreness.

RealGM Staff Report

Myles Turner Out With Concussion, Sore Neck
Myles Turner will miss at least the next two games.

RealGM Staff Report