Skip to content

Michael Heisley

  1. Sale of Grizzlies to Robert Pera finalized for $377 million

    Oct 29, 2012, 7:57 PM EDT

    Grizzlies arena

    Michael Heisley bought the team in 2000 for $160 million. In January of this year, Forbes estimated the Memphis Grizzlies to be worth $269 million. Monday the sale of the Grizzlies from Heisley to Robert Pera became official — at a price of $377 million, according to the Commercial Appeal. For those of you scoring…

  2. Heisley says age, health motivated him to sell Grizzlies

    Jun 12, 2012, 1:13 PM EDT

    Image (1) Heisley-thumb-275x393-14169.jpeg for post 2659

    The announcement was not a shock — Michael Heisley has been looking to sell the Memphis Grizzlies for a few years now, he has gone down the road more than once only to turn back for various reasons. But the announcement that he was selling the team to young tech billionaire Robert Pera was unexpected.…

  3. Report: Grizzlies’ owner Heisley will sell team to young billionaire Pera

    Jun 11, 2012, 3:31 PM EDT

    Robert-Pera_thumb

    Robert Pera is a 34-year-old billionaire about to own an NBA team. So, what have you been doing with your life? In a move that Grizzlies have have both hoped for and feared (because the new owner might try to move the team), owner Michael Heisley has apparently found a buyer and will sell the…

  4. Of course Michael Heisley is in talks with Larry Ellison, things were going too well

    Mar 17, 2012, 5:30 PM EDT

    Oklahoma City Thunder v Memphis Grizzlies - Game Six

    Best season in franchise history from an overall success and excitement standpoint. First playoff game victory. First playoff series victory. Significant improvements in fan interest and long-term viability of on-court production. Things have been going really well in Memphis, Tennessee when it comes to the Grizzlies. So, of course, this is happening. From the Memphis Commercial-Appeal:…

  5. NBA franchise values, where some owners can make bank

    Jul 8, 2011, 5:59 PM EDT

    Los Angeles Lakers v Regal FC Barcelona

    It’s one thing left out of the calculations on whether an NBA owner is making money on his franchise — the money he makes on the worth of the franchise. It’s complex, it’s changing, but the fact remains that a lot of NBA owners have already made tons of money on their teams because what…

  6. Memphis Grizzlies owner: “We’re not trading Rudy Gay”

    May 17, 2011, 9:53 AM EDT

    Rudy Gay

    It defies all logic, but there has become a “the Grizzlies should trade Rudy Gay” movement. The theory goes that since they won their first playoff game ever, their first playoff series ever and pushed the Oklahoma City Thunder to seven games while he was out injured that they are better off without him. I’m…

  7. Memphis returns to the playoffs for the first time since 2006

    Apr 9, 2011, 9:30 AM EDT

    Sacramento Kings v Memphis Grizzlies

    Paint the town blue. Memphis is back in the second season. The Grizzlies clinched a playoff spot on Friday night with a win over the Kings. It wasn’t easy, with the Kings continuing their plucky play of late led by Marcus Thornton and Tyreke Evans. Those two on the break together is a terrifying combination.…

  8. Jason Williams reaches deal to join Grizzlies

    Feb 3, 2011, 11:16 AM EDT

    jason-williams

    Jason Williams didn’t like being the fourth point guard on the depth chard in Orlando — despite being so close to Epcot — so we’ll see how he likes being the backup in Memphis. Just a week after being waived by the Magic, Williams is about to sign a deal with the Grizzlies, according to…

  9. Not so fast with those Jason Williams to the Grizzlies rumors

    Jan 31, 2011, 9:56 AM EDT

    Orlando Magic v Denver Nuggets

    You know those reports about the Memphis Grizzlies wanting to bring in Jason Williams once the Magic waived the veteran point guard? Well, that part is true, Memphis wants him. The question is does Williams want Memphis? The Grizzlies were going to claim Williams off waivers but he asked them not to and they obliged,…

  10. Grizzlies in serious talks with Jason Williams

    Jan 28, 2011, 12:40 AM EDT

    Orlando Magic v Denver Nuggets

    We were ready to pour out a 40 for the career of Jason Williams, but that guy has more lives than that famous movie Jason with the stylish hockey mask. Just after being waived by the Orlando Magic — where he was buried on the depth chart — he has had talks about joining the…

  11. Grizzlies’ owner Heisley gives O.J. Mayo pep talk

    Dec 17, 2010, 3:40 PM EDT

    Memphis Grizzlies v Orlando Magic

    O.J. Mayo was sent to the bench in favor of rookie Xavier Henry — and that has been best for the team and him, now that Mayo has started to accept the bench scorer role and put up double digit points the last three games, including 24 against the Bobcats. But that doesn’t mean it’s…

  12. Rumors fly about O.J. Mayo, Thabeet trades but Grizzlies say nothing imminent

    Dec 14, 2010, 4:21 PM EDT

    Memphis Grizzlies v Orlando Magic

    Wednesday the NBA trade floodgates open. Well, sort of. They open in the sense that all the guys signed as free agents this summer can be traded as of Dec. 15, so possibilities for trades increase exponentially. The actual trades, those usually take some time. Take the Grizzlies for example. They will listen to your…

  13. Grizzlies owner Heisley not sure why his team stinks

    Dec 8, 2010, 2:05 PM EDT

    Memphis Grizzlies v Phoenix Suns

    Last season the Memphis Grizzlies were just below .500 (40-42), just out of the playoffs in the West. So they brought the band back together, expected a step forward and… Not so much. They are 8-14 and sitting 12th in the Western Conference. And that has owner Michael Heisley confused, as he told the Commercial…

  14. Grizzlies owner Michael Heisley says he got his man with Conley deal

    Nov 2, 2010, 8:09 PM EDT

    Image (1) Heisley-thumb-275x393-14169.jpeg for post 2659

    Most of us have been pretty dumbfounded by the Mike Conley five-year extension by the Grizzlies. Grizzlies’ owner Michael Heisley is good with it. He got the man he and his coach wanted, as he told FanHouse. “If you go back and look at Mike Conley the last month of last year, he really came…

  15. Marc Gasol is down with the whole "Grizzlies will make the playoffs" thing

    Sep 20, 2010, 11:16 AM EDT

    Memphis shocked a lot of people with a 40-win season last go around. The team that was supposed to be so selfish with the ball turned out to have great chemistry and look like a young team on the rise. The problem with the West is that 40 wins leaves you 10 games out of…

  16. Battle Royale: The three worst owners in the NBA

    Sep 18, 2010, 5:30 PM EDT

    Battle Royale takes a topic and seeks to settle the pecking order of a given subject. Today’s topic? Who’s the worst owner in the NBA? You’re only as good as your owner. After all, you can have great chefs but if your owner doesn’t know how to keep the lights on you’re going to get…

  17. Grizzlies owner gives in, agrees to pay draft picks full scale and they sign

    Sep 16, 2010, 8:53 AM EDT

    Just a few weeks ago, Memphis Grizzlies owner Michael Heisley was adamant he was right and every other team in the NBA (save San Antonio) was wrong — the tradition of giving players 120 percent of their rookie scale deal was a mistake. Players could get 100 percent of rookie scale, but that extra 20…

  18. Grizzlies owner more defensive about Xavier Henry contract than his team gets on the court

    Aug 23, 2010, 7:33 PM EDT

    Last year, the Memphis Grizzlies had the No. 2 pick in the draft and took a big-man project in Hasheem Thabeet. We don’t know yet how that will turn out long term, Thabeet is a work in progress. We do know that the guys taken after him — James Harden, Tyreke Evans, Stephen Curry, Brandon Jennings,…

  19. Timberwolves to make run at Rudy Gay

    Jun 29, 2010, 10:23 PM EDT

    Somebody is going to overpay for the services of Rudy Gay. Might as well be Minnesota. While others are making midnight calls Thursday to LeBron or Wade or Bosh, Minnesota will be calling up Gay, according to the Star Tribune. Yes, you are remembering correctly, the Timberwolves did draft a small forward in Wesley Johnson…

  20. Grizzlies admit they were wrong about 2009 draft, still completely miss the point

    Jun 24, 2010, 11:37 AM EDT

    The Grizzlies have learned! They admitted a mistake! An NBA front office actually admitted a draft mistake! Good times are on the way! We can learn! Or not. The Memphis Commercial Appeal’s Geoff Calkins has an article today leading with a fine quote from the man in charge of the Grizzlies, Michael Heisley. If you…

  21. Memphis would like Chris Paul, too, but you can't have OJ Mayo to get him

    Jun 22, 2010, 10:15 AM EDT

    These rumors are going to be coming all day so let’s just be clear — there are 29 other teams that would like to trade for Chris Paul. Well, 30 teams that want Paul if you count incoming New Orleans Hornets owner Gary Chouest who wants CP3 to stay on his team. Once Chouest gets…

  22. Minnesota targets Rudy Gay as their man this summer

    Jun 7, 2010, 9:28 AM EDT

    Someone is going to overpay Rudy Gay this summer. Don’t get me wrong, Gay is a good player with the potential to be damn good, he’s a quality get. But some team that missed out on the LeBron/Wade/Bosh sweepstakes is going to set their sights on Gay as someone they can sell to fans. Then…

  23. Grizzlies not looking to stockpile picks, they want to wheel and deal

    May 19, 2010, 12:30 PM EDT

    The Memphis Grizzlies took a big step forward last year, they got almost all the way to .500. One of the best turnarounds in the league. But if they want to take another step — maybe into the playoffs? — they are going to need some more key contributors. That does not mean project rookies.…

  24. Lionel Hollins signs three-year extension with Memphis Grizzlies

    Apr 15, 2010, 2:43 PM EDT

    Whatever caused the delay — maybe money, maybe just waiting for the season to end — that hurdle is gone. Lionel Hollins signed a three-year extension to coach the Memphis Grizzlies today after sitting down with owner Michael Heisley last night. Financial terms of the deal have not been released. The Grizzlies finished 40-42 on…

Featured video

Why can't Lakers have a player-coach?
Top 10 NBA Player Searches
  1. T. Warren (4161)
  2. L. James (3956)
  3. K. Love (3950)
  4. R. Allen (3461)
  5. A. Wiggins (2943)
  1. J. Nelson (2941)
  2. K. Bryant (2693)
  3. D. Rose (2618)
  4. C. Anthony (2479)
  5. E. Bledsoe (2449)