Deal with local investors could keep Grizzlies in Memphis for 15 years

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There are rumors that he is not doing well financially and that the sale could be in trouble, but young tech industry wiz kid Robert Pera, 34, is pushing ahead with efforts to buy the Memphis Grizzlies.

And they will stay the Memphis Grizzlies under a new deal with local investors that Pera has reached, reports the Memphis Commercial Appeal.

Pera has agreed to three provisions: 1) a $100 million penalty if the team is moved, 2) a right of first refusal under which the local owners will be able to match any offer Pera receives to sell the team and 3) the right for the locals to buy the team from Pera at the current price if he wants to move it. All provisions are in effect for the next 15 years.

Pera had said previously he didn’t plan to move the Grizzlies, but these investors will put that deal in writing, not just make it a handshake agreement.

The only hurdle now is getting the NBA to approve Pera as owner. And that may be a high hurdle.

Pera’s company, Ubiquiti Networks Inc., has found itself in hot water because its products were illegally sold into Iran. The other issue is that this and other controversies have dropped the stock price of Ubiquiti, and with it Pera’s worth down to $800 million. Which is a lot, but if you are buying a team for $350 million that’s not as rich as it seems.

The league is still working through the background and other details of the Grizzlies’ sale. But bringing in local investors with this deal is going to help Pera’s cause because he has to pay less and it keeps the Grizzlies in town. Nobody wants to see the team moved to San Jose, or anywhere really.

Watch Draymond Green name all 34 players drafted before him in 2012 (VIDEO)

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Is Golden State Warriors star Draymond Green a petty guy? I will leave that for you to decide.

He is certainly determined, a characteristic that has led him and the Warriors to two championships in the last three seasons.

Green was famously a second round pick, drafted No. 35 overall in the 2012 NBA Draft. And according to the video I’m about to show you, Green can recite the name of every single player who was drafted before him in 2012.

No, seriously.

Via twitter:

This might be the best video I’ve ever put on this website.

DeMarcus Cousins has dropped a ton of weight this offseason already (PHOTO)

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New Orleans Pelicans DeMarcus Cousins has been known to carry a bit of weight on his frame. He is currently listed at 6-foot-11 and 270 pounds.

It appears that last bit has significantly changed over the off-season.

Cousins has reportedly dropped quite a bit of weight during his off-season regimen, eating right and even hiring the personal trainer who made Julius Randle look so good in just a short amount of time for the Los Angeles Lakers.

Speaking to WDSU, Pelicans head coach Alvin Gentry Said cousins was primed to take a new role for the pelicans next season, taking on a bit of a ball handler role as a point center. That should be easily done now that cousins has gained a little bit of mobility by shedding some weight.

Via WDSU:

When I saw DeMarcus, his body looked great. He invited us to his house for lunch; he’s eating really healthy — he’s got a chef that he’s hired. I was really, really excited about what he’s taken from the standpoint of trying to get himself ready for the season and obviously he feels like this is a very important season for him.

Looking at Cousins’ Instagram, you can clearly see the results of his eating and training regimen. He looks damn near svelte.

The newly-formed Pelicans had a disappointing end to the season, but with more time together they will certainly be one of the teams to watch in the Western Conference.

Rumor: Cavaliers, Pacers, and Nuggets discussed 3-way deal with Paul George, Kevin Love

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Don’t count the Cleveland Cavaliers out of the Paul George sweepstakes just yet.

According to ESPN’s Marc Stein and Chris Haynes, the Cavaliers are still working on a way to get George with LeBron James and Kyrie Irving in Ohio.

The latest rumor involves a three way deal being discussed between the Cavaliers, Indiana Pacers, and Denver Nuggets. According to Hayes, the deal would send George and Kenenth Faried to Cleveland and Kevin Love to Denver.

Presumably, Indiana would end up with good picks and a few young assets.

Via Twitter:

There is a lot to think about here given the potential for this trade. The first is how the Cavaliers would be able to complete a deal without a general manager in place. Owner Dan Gilbert fired David Griffin just last week. The Cavaliers are still talking to former NBA player Chauncey Billups about a chance to run the front office, but nothing has been decided just yet.

As good as George is, with the way that Kevin Love played in the 2017 NBA playoffs, it’s a wonder that the Cavaliers would want to let him go. The Golden State Warriors ate up Tristan Thompson in several of their Finals games, and Love was often the best player outside of LeBron on the floor for Cleveland.

Rumors also have George as being adamant that he is a one year rental only. His preferred landing place is still Los Angeles with the Lakers.

How a one year rental would work in exchange for one of Cleveland’s best players is sort of confusing. Even if the Cavaliers landed George and Faried, they would need to add yet another piece in order to get over the hump as the Eastern Conference strengthens and as they try to face off against the Warriors yet again.

This NBA off-season has been particularly crazy, and I don’t expected to calm down anytime soon.

Watch Isiah Thomas work out Lakers No. 2 overall pick Lonzo Ball (VIDEO)

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Lonzo Ball Is finally a member of the Los Angeles Lakers. Magic Johnson & Co. took him with the second overall pick in the 2017 NBA Draft on Thursday.

Despite a few issues with his draft workouts with the Lakers, Ball was still the top choice for Los Angeles when they came to select after Markelle Fultz was off the board. The Lakers have already given Ball more control of the team after trading D'Angelo Russell to the Brooklyn Nets last week.

Before the draft, Ball took some time out to work in his back yard and on his home court with NBA legend Isiah Thomas.

Check out the interaction between the two and see where Ball grew up learning to shoot his oddly-formed but highly-accurate jumper.