Monday 23rd December 2024,
The Hoop Doctors

Penny Hardaway, Peyton Manning to Become Part-Owners of Grizzlies

Several weeks ago Tennessee native, Justin Timberlake became part-owner of the Memphis Grizzlies. Not exactly Jay-Z and the Nets, but still. The Grizzlies now also have a few more minority owners: the great Penny Hardaway and…Peyton Manning?

Denver Broncos quarterback Peyton Manning and his wife Ashley, a former Memphian, and Memphis basketball legend Penny Hardaway have agreed to become limited partners in Robert Pera’s bid to buy the Grizzlies, a source close to Pera said Thursday. Pera, whose purchase of the team from Michael Heisley is being vetted by the NBA, has assembled a group with both star power and local ties, including recent additions such as pop star and actor Justin Timberlake and former congressman Harold Ford Jr.

Source: commercialappeal

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