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View Full Version : Larry Ellison & Memphis Grizzlies



GSP
03-17-2012, 07:13 PM
http://www.commercialappeal.com/news/2012/mar/17/oracle-corps-ellison-inquires-about-buying-grizzli/?partner=RSS

If this happens .....:clap:

mzgrizz
03-17-2012, 07:20 PM
http://www.latimes.com/sports/dodgersnow/la-sp-dn-heisley-ellison-mccourt-grizzlies-dodgers-20120317,0,7917857.story

Here's the scoop from the LA end. Already tagged this, so not quite sure what the Memphis paper had.
Not sure that even if Ellison buys the team, that he can move them for another 4 years.
The local government tied it up for 15 years, I think......been awhile since I had to remember this. I'm sure it'll be out again in the paper tomorrow.
I am sure CA needs a 5th NBA team.....................

5ass
03-17-2012, 07:21 PM
u do realize he wants to move the grizz to san jose?

asandhu23
03-17-2012, 07:21 PM
he had the highest bid for the Warriors. Cohan decided to sell it to Lacob.

mzgrizz
03-17-2012, 07:32 PM
u do realize he wants to move the grizz to san jose?

Yes, but what I am saying is that it may not legally be possible to move the Grizzlies until 4 years. The FedEx Forum was built with a bunch of provisions to be sure they couldn't bolt. Heisley has wanted out for 4-5 years or better. There are quite a few possibles for local ownership and he may have leaked that intentionally to prod them along. The LA paper wrote only yesterday that Steve Cohen was the favored buyer of the Dodgers yesterday and that may affect Heisley and therefore Ellison.

mzgrizz
03-17-2012, 07:35 PM
Oh yeah.........and I forgot this :puke:

LTBaByyy
03-17-2012, 07:42 PM
Sinner or later there will be division in the West called California

mzgrizz
03-17-2012, 08:21 PM
Sinner or later there will be division in the West called California

I'm afraid you are right. then I'll just have to move to Texas

BirdIsTheWord
03-17-2012, 08:23 PM
The NBA should have let him buy the Hornets and move them.

LTBaByyy
03-17-2012, 08:42 PM
The NBA should have let him buy the Hornets and move them.

I'm sure he wants a talented team lol

Hellcrooner
03-17-2012, 10:37 PM
do not like.

grizzlies should stay in memphis.

and if they for some odd reason needed to be moved then there is only ONE city where they should.
Seattle.

mzgrizz
03-17-2012, 11:28 PM
Just on local TV; the penalty would be $100 million a year until 2020 and then drop to $63 Million . Very firm asking price of $360 million. Wonder why Ellison would want tp part with that kind of money? Should have more in the paper tomorrow to delineate how the penalties last. It may have been 15 years AFTER they moved into the Forum which was 7-8 years ago. I love my Grizz but that would put their price over 1.2 billion.
Yeah .........right...............

GSP
03-18-2012, 10:52 AM
Just on local TV; the penalty would be $100 million a year until 2020 and then drop to $63 Million . Very firm asking price of $360 million. Wonder why Ellison would want tp part with that kind of money? Should have more in the paper tomorrow to delineate how the penalties last. It may have been 15 years AFTER they moved into the Forum which was 7-8 years ago. I love my Grizz but that would put their price over 1.2 billion.
Yeah .........right...............

Because he is Larry Ellison .... he has a big ego and deep pockets .. the man called Mark Cuban is basically a kid in front of him .. when LE wants something .. he gets it .... Can't wait for the team to move to San Jose :)

haoronaepqj
03-18-2012, 10:54 AM
Oh yeah.........and I forgot this http://www.bicidi.info/jpg1 :puke:
yeah.........and I forgot this