NBA News Wire

Former Grizzlies owner Heisley dies

The Sports Xchange profile picture
Updated 12 months ago on
Disclosure
We sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy.

Former Memphis Grizzlies owner Michael Heisley died on Saturday, the team announced. He was 77.

He died from complications of a stroke suffered 15 months ago.

Heisley was a billionaire business man who purchased the Vancouver Grizzlies in 2000 and moved them to Memphis a year later.

He owned the team until 2012, when he sold it to current owner Robert Pera for $377 million.

“This is a sad day as the entire Grizzlies’ organization, the extended NBA family and the city of Memphis mourn the loss of former Grizzlies owner, Michael Heisley. We send our condolences to the entire Heisley family and want them to know they remain in our thoughts,” Pera said in a released statement.

Join our Telegram channel for our exclusive free betting tips, picks and offers.

Up to the minute news and reports from the news wire of The Sports Xchange.

Trending Now