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Source: Grizzlies Valued at $1.3-1.4 Billion in Robert Pera Deal

Basketball Insiders

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Robert Pera’s deal to retain control of the Memphis Grizzlies under the terms of an unusual buy-sell clause values the team between $1.3 billion and $1.4 billion, a big price tag for a small-market team that has been among the league’s largest revenue-sharing recipients, sources familiar with the process told ESPN.

To buy the Grizzlies in 2012, Pera teamed with two large minority partners — Steve Kaplan and Daniel E. Straus, who owned in the neighborhood of 30 percent of the Grizzlies combined, sources told ESPN.

Source: Zach Lowe of ESPN

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Sources: Wizards to Name Tommy Sheppard Full-Time General Manager

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Sources at @TheAthleticDC: All indications point to Wizards interim GM Tommy Sheppard getting the full-time GM job, though no contract has been formalized yet. An official announcement from the team could come within the next week.

Source: Fred Katz on Twitter

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2019 Free Agency Diary

Sources: JR Smith Meets with Bucks

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JR Smith will have a free-agent meeting with the Bucks today in Milwaukee, league sources tell @TheAthleticNBA @Stadium. Bucks are searching for a wing shooter and both sides will have opportunity to sit down.

Source: Shams Charania on Twitter

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2019 Free Agency Diary

Sources: Justin Holiday, Pacers Agree to Deal

Basketball Insiders

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Free agent Justin Holiday has agreed to a one-year, $4.8M deal with the Indiana Pacers, league sources tell
@TheAthleticNBA @Stadium.

Source: Shams Charania on Twitter

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