Headlines
Source: Grizzlies Valued at $1.3-1.4 Billion in Robert Pera Deal
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
Milwaukee Bucks forward Giannis Antetokounmpo has been named the 2019-20 Kia NBA Most Valuable Player, the NBA announced today.
This is the second straight Kia NBA Most Valuable Player Award for Antetokounmpo, who becomes the 12th player to earn the honor in consecutive seasons. A native of Greece, Antetokounmpo is the first player from Europe to be selected as the NBA MVP more than once. Antetokounmpo, 25, also joins Kareem Abdul-Jabbar and LeBron James as the only players to win multiple NBA MVP awards by the age of 25.
Source: NBA
The Toronto Raptors announced Tuesday they have signed head coach Nick Nurse to a multi-year contract extension. Per team policy, financial terms of the deal were not disclosed. This past season, Nurse guided the Raptors to a 53-19 record during the regular season (second best in the NBA) and set a franchise-record with a .736 winning percentage. Toronto also reached the Eastern Conference Semifinals for the fifth straight year.
Source: Toronto Raptors
Sources: There is mutual interest between the Rockets and Clippers assistant coach Sam Cassell. Cassell started his playing career with the two-time champion “Clutch City” Rockets.
Sources: There is mutual interest between the Rockets and Clippers assistant coach Sam Cassell. Cassell started his playing career with the two-time champion “Clutch City” Rockets.
— Tim MacMahon (@espn_macmahon) September 13, 2020
With a head coaching vacancy in Houston, expect the franchise to take a strong look at Los Angeles Clippers assistant Tyronn Lue.
With a head coaching vacancy in Houston, expect the franchise to take a strong look at Los Angeles Clippers assistant Tyronn Lue.
— Chris Haynes (@ChrisBHaynes) September 13, 2020
Source: Tim MacMahon and Chris Haynes on Twitter
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