Memphis Grizzlies Company Description
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.
View the Comprehensive Company Description for Memphis Grizzlies
The Company Description provides a historical perspective of Memphis Grizzlies's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Memphis Grizzlies's evolution in the marketplace.
