Quote :

"MEMPHIS, Tenn. (AP) -- Billionaire Michael Heisley announced an agreement Monday to sell his 70 percent share of the Memphis Grizzlies to an investment group headed by former Duke player Brian Davis and including Christian Laettner. Davis said the sale was worth about $360 million, and he and Laettner are putting $40 million combined of their own money into the project. The remainder will come from investors he did not identify, but Davis said he has lined up the money for the purchase. The man who played in four Final Fours while at Duke between 1989 and 1992 said at a news conference Monday that he wants Jerry West, president of basketball operations, and coach Mike Fratello to stay with the Grizzlies. He has no immediate plans to change the team. But this transaction will take several months to complete because the minority owners have the right of first refusal for 60 days from the date they are notified. The sale also must be approved by the NBA, and Heisley said he expects the deal could be completed by mid-January at the latest. Davis said Laettner also will be talking to the Grizzlies about playing with the team. Laettner, a first-round pick of Minnesota in 1992, has not played in the NBA since the 2004-05 season with the Miami Heat. "

10/2/2006 11:32:07 PM

a couple days ago it was released that brian davis bought them for $350 million and i was thinking how in the world did he get that money, but today this came out and it all made sense...

who knows...

10/2/2006 11:33:26 PM

laetner should just go play nba live and save his money.

10/3/2006 12:18:31 AM

Davis and Laettner have been in business together in all types of ventures for years

10/3/2006 1:02:35 AM

They have been queer for each other since they were roommates in college.

10/3/2006 1:29:24 AM

^^Yeah, pretty much...and seriously, all types...

10/3/2006 1:31:46 AM

demarcus nelson will be their next draft pick

10/3/2006 1:54:56 AM

dudes a jr. you think hes good enough for nba yet? i dont. damn duke doesnt even have a sr this year.

10/3/2006 2:05:21 AM

they say that laettner will play next year

10/3/2006 3:43:38 AM

pretty bad the only way he can get a team to let him play is to buy the team

10/3/2006 4:10:17 AM