NBA 10/04/2018, 20.46 Rumors

Grizzlies reportedly valued around $1.3 billion in Robert Pera deal

Pera decided to retain control of the franchise

Robert Pera's deal to retain control of the Memphis Grizzlies under the terms of an unusual buy-sell clause values the team between $1.3 billion and $1.4 billion, according to Zach Lowe of ESPN.

Details on Robert Pera's deal to retain control of the Grizzlies -- the valuation of the team in the bidding process, and the identity of the high bidder, per sources: https://t.co/v7zQDCbEpa
— Zach Lowe (@ZachLowe_NBA) 10 aprile 2018