Hoops, L.P. · Memphis, TN United States
Company Description
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This link will open in a new window The sweetest honey for these Grizzlies is an NBA championship. Hoops, L.P. owns and operates the Memphis Grizzlies professional basketball franchise. Originally located in Vancouver and controlled by Arthur Griffiths (who also owned the Vancouver Canucks hockey club), the Grizzlies joined the National Basketball Association as an expansion team in 1995, forming the new Canadian wing of the league along with the Toronto Raptors . Chicago billionaire Michael Heisley acquired the franchise in 2000 and relocated the Grizzlies to Tennessee the following year. The team plays host at Memphis' FedExForum. To read the full description, subscribe now.
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Key Hoops, L.P. Financials
| Company Type | Private Single Location |
| Fiscal Year-End | June |
| Annual Sales (mil.) | $9.7 |
| Employees | 175 |
Hoops, L.P. Executives
51 executives listed for Hoops, L.P.'s Memphis, TN location.
| Title | Name & Bio | Contact |
| Majority Owner | Michael Heisley | Network |
| VP Arena Operations | Don Hardman | Network |
| VP Finance | Todd Kobus | Network |
Competition
Competitive Landscape for Hoops, L.P.
Demand is driven by consumer income and corporate entertainment spending. The profitability of individual teams depends on achieving high fan attendance and a large TV audience, both of which are enhanced by effective marketing and competitive play. Teams in large metropolitan areas have advantages in the population base and TV audience they can draw on, though they may face competition from other teams. Teams in smaller markets, along with less popular sports and minor league teams, can compete by building fan loyalty through local marketing promotions and an appeal to civic pride. Average annual revenue per worker across all sports teams is over $325,000. To read the full description, subscribe now.Top Hoops, L.P. Competitors
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