Memphis Grizzlies owner Michael Heisley has had his team up for sale (unofficially or otherwise) for quite a long time. In many cases, that would spell doom for basketball fans of the area, especially with billionaires like Larry Ellison hoping to move the franchise to San Jose . But the Grizzlies have a long-term lease with*significant*penalties , and it looks like they'll be around for a while. In that context, Monday's news about a sale agreement with tech billionaire Robert Pera can be seen as a very positive development. From Teresa M. Walker for the Associated Press :

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