- Conrado Marrero dies at 102; ex-Senator was oldest living MLB player
- ‘Top Gun’ for drones: Squadrons of carrier-based killers have Navy’s approval
- Bill Clinton to endorse Charlie Rangel for re-election
- Pfc. Bradley Manning is now Pfc. Chelsea Manning: Court says so
- Secret base U.S. special forces used to train Libyans now under terrorist control: report
- 9th suspect in N.C. kidnapping turns self in to FBI
- L.A. sheriff admits to testing flyover spy program without notifying residents
- Foreign minister vows response if Russians are attacked in Ukraine
- Robert Griffin III to drive pace car before Richmond NASCAR race
- Material on Australian shore examined in jet hunt
AP Source: Mannings agree to join Grizzlies’ group
NASHVILLE, TENN. (AP) - NFL quarterback Peyton Manning and his 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 Memphis businessmen, the person told The Associated Press Thursday on condition of anonymity because prospective buyer Robert J. Pera’s purchase of the Grizzlies is pending approval by the NBA.
Pera, owner of a California tech company, agreed to buy the Grizzlies from Michael Heisley in June for $350 million. The NBA is expected to approve the sale this month.
Since agreeing to buy the Grizzlies, Pera has been busy lining up his own group of minority owners including AutoZone founder J.R. “Pit” Hyde and businessman Staley Cates who were minority owners with Heisley. Pera also has worked to add plenty of local star power to the group as well.
Timberlake was born in Memphis. Hardaway is a Memphis native who played collegiately at then-Memphis State. Ashley Manning once lived in Memphis and married Peyton there on St. Patrick’s Day in 2001. Peyton Manning played at the University of Tennessee across the state in Knoxville.
Having even a tiny piece of a pro sports team in another league will not be a conflict for Manning with the NFL, according to league spokesman Greg Aiello.
Grizzlies guard Mike Conley said Tuesday that the ownership change will not affect the players themselves or change what they have to do on the court. But they all have heard about Pera, a former Apple engineer who left in 2005 to start Ubiquiti Networks, a communications technology company that makes WiFi networking equipment.
“We’ve heard a lot of good things about him, and his intentions are all good,” Conley said. “I know the city of Memphis should be excited. As a team, we are excited. It’s going to be a different expectation for us, and we’re just looking forward to taking it on.”
The Grizzlies open the season Oct. 31 at the Los Angeles Clippers.
Feds who send arms against ranch families betray American values
- Nevada rancher Cliven Bundy hailed as patriot, ripped as lawless deadbeat
- CARSON: When government looks more like foe than friend
- Pentagon plans to replace flight crews with 'full-time' robots
- Georgia governor signs bill expanding gun rights
- America is an oligarchy, not a democracy or republic, university study finds
- Texas is next! AG warns BLM wants 90,000 acres after Bundy ranch standoff
- Professor apologizes after blasting Republicans in class
- Justice Dept.'s new clemency guidelines: Crack offenders most obvious candidates
- Ukraine claims torture by pro-Russian forces on the heels of Biden's stern warning to Moscow
- Ministry of Truth: SCOTUS skeptical of law to police campaign 'lies'
Top 10 handguns in the U.S.
Celebrity deaths in 2014