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League approves sale of Grizzlies to billionaire Robert Pera

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Robert Pera, you got yourself an NBA team. At age 34. Thanks for making the rest of us feel like slackers.

At its Board of Governor’s meetings this week — where the owners get together and decide all things NBA — they formally approved the sale of the Memphis Grizzlies to billionaire Robert Pera.

“We are delighted that the NBA’s Board of Governors has approved Robert Pera’s purchase of the Grizzlies,” said NBA Commissioner David Stern in a released statement. “Robert will no doubt bring great energy and passion to the franchise. He has assembled an ownership group with very strong local ties, and we anticipate that their commitment to the Memphis area will greatly benefit both the team and the community.”

While the sale price is not public it is believed to be in the $350 million range. When the stock price for Pera’s company Ubiquiti Networks took a hit in recent months, some thought threatening the sale, Pera brought in a number of minority owners included some from the Memphis business community as well as celebrities such as Justin Timberlake and Peyton Manning and his wife (she and Timberlake are Memphis natives). Also in is former NBA player Penny Hardaway.

Outgoing owner Michael Heisley is not exactly going to be missed by the fan base. He had a reputation for being stingy and making unpopular decisions with players. However, in the last few years the Grizzlies have been built into a solid team.

That is not a team that is moving — Pera reportedly has no plans to move the franchise to another city. It would be painful to do so anyway, the Grizzlies have a rock-solid lease with the FedEx Forum through 2021. At least nine more seasons.

But we don’t know what other changes Pera may want to make in the organization.

Pera is a former Apple engineer who founded wireless company Ubiquiti Networks, which is where he made his money primarily selling in developing countries. According to a Forbes Magazine profile he is an avid basketball fan who lives a very no frills life — leases his car, lives in a one-bedroom apartment, the kind of guy who doesn’t check a bag when he travels.

Owning an NBA team is a big frill.

DeMarcus Cousins pushes handsy Joakim Noah (video)

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Joakim Noah kept his hands on DeMarcus Cousins after getting called for a foul, and that – and/or the Kings heading toward their third straight loss – agitated Cousins into pushing the Knicks center.

Remember, Cousins and Noah have a history.

Aaron Gordon throws inbound pass off Marcus Morris’ back, scores (video)

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Aaron Gordon has backslid this season while playing out of his comfort zone at small forward, but there are still signs he’s progressing from great dunker toward great player – like this crafty inbounds pass off Marcus Morris‘ back.

Brandon Jennings sinks halfcourt shot after whistle (video)

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The NBA refuses to grant continuation when a player senses an intentional foul in the backcourt and launches a heave.

Fortunately, players continue to shoot anyway – which produced this fun Brandon Jennings non-basket.

Report: Kings forward Matt Barnes wanted for questioning after alleged New York nightclub fight

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Matt Barnes infamously fought then-Knicks coach Derek Fisher for dating Barnes’ estranged wife, Gloria Govan. Barnes even bragged that violence is sometimes the answer.

His self-earned reputation won’t earn him the benefit of the doubt over an incident earlier today.

TMZ:

Sacramento Kings star Matt Barnes is wanted by NYPD for questioning after he allegedly choked a woman inside a nightclub early Monday morning — and TMZ Sports got video of him right after the incident.

Law enforcement sources tell us cops got a 911 call to Avenue Nightclub after midnight, reporting a man assaulting 2 women and another man. We’re told things got physical when Barnes allegedly choked one woman during an argument — and when 2 other people tried to intervene … he punched both of them.

In the video, Matt and a teammate — it appears to be DeMarcus Cousins — are talking about the fight. The teammate is clearly heard saying, “Matt hit the s*** out this ni***!”

Barnes was also arrested for domestic violence against Govan in 2011. But she said the incident was blown out of proportion, and the charges were dropped.

The Kings have already played at the Knicks and Nets, so Sacramento doesn’t return to New York this season.