Sign Up. Michael Heisley — Robert Pera. Stay up to date with the latest sports business news and insights. They rejected the design. A redesign was ultimately approved by the group, whose chairman was quoted by the Journal:.
The lower levels looked like the ramparts of a medieval fort. Pera grew up near San Francisco, the son of a senior executive at denim maker Levi Strauss, and launched Ubiquiti at the age of 27 not far from San Francisco in San Jose. The problem with that is independent media exists to serve all, not just those employed by the rich man who wants control over the questions. And it feels good to hear Pera say he is committed to keeping the team in Memphis and express optimism about winning 50 games this next season with the No.
That said, perhaps Robert Pera does only have the best of intentions for Memphis. Maybe he does still dream of a parade down Beale Street. Nobody is saying you have to be one of us, Mr. Forgot your password? Keep me logged in. The year-old Northern California native is a former engineer at Apple who left the computer giant at 25 to start his own company. Today Pera owns a reported 64 percent of the Ubiquiti Networks he founded and operates the company out of Taiwan as well as San Jose, Calif.
Pera speaks Chinese and Japanese and is said to play basketball four to five times per week. But sources close to the talks expressed confidence Monday that the slump is only temporary and that it's unlikely to prevent Pera's bid from being approved by league officials.
Sources told ESPN. Heisley was quoted as saying that he halted negotiations with Ellison because the deep-pocketed Oracle founder had made it clear that he wanted to relocate the franchise. Speaking Monday on the matter to FoxSports.
I have not yet figured how people It's going to be here for a while. The Grizzlies were widely bashed for the Gasol deal that ultimately helped the Los Angeles Lakers win championships in and , but Heisley -- along with general manager Chris Wallace and coach Lionel Hollins -- eventually hushed some of the criticism during the past two seasons by signing Zach Randolph , Rudy Gay , Marc Gasol and Mike Conley to lucrative contracts amid long-standing skepticism about his willingness to spend.
I wasn't trying to sell the team actively. I don't know the gentleman who's buying the team personally; he came to see me. As for his health, Heisley told FoxSports. I'm 75 years of age. I had a couple of medical problems this year with his heart. I thought the team was in good shape. Fan base was in good shape. I thought if the opportunity presented itself, I would sell the team.
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