Truth & Rumors > NBA

Oracle CEO looks into buying Grizzlies for San Jose

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09:39 AM ET 03.18 | Californian Larry Ellison, ranked as the third-richest person in the U.S., has inquired about buying the Memphis Grizzlies with apparent hopes of moving the team to San Jose. But team owner Michael Heisley on Saturday downplayed the possibility of a sale -- and of a relocation, citing a lease that ties the franchise to Memphis and FedExForum until 2021. "I can't downplay it enough. If it happens I'll be surprised," said Heisley, a Chicago-based billionaire who added that talks had not become serious.

Memphis Commercial Appeal

Larry Ellison, Icon SMI Larry Ellison, Icon SMI
March 18, 2012  09:54 AM ET

Too Many California Teams Already, Bro.

March 18, 2012  10:13 AM ET
QUOTE(#1):

Too Many California Teams Already, Bro.

Yep!

March 18, 2012  10:32 AM ET
QUOTE(#1):

Too Many California Teams Already, Bro.

Hell - too many teams in the Bay Area already.

March 18, 2012  10:40 AM ET
QUOTE(#3):

Hell - too many teams in the Bay Area already.

DING!

March 18, 2012  10:52 AM ET

How many losers can the Bay area support?

Comment #6 has been removed
March 18, 2012  12:43 PM ET

Why not try other major cities without a team, not one that already has a losing team that few people support.

Try-
Seattle
San Diego
St. Louis
Pittsburgh

March 18, 2012  12:52 PM ET
QUOTE(#7):

Why not try other major cities without a team, not one that already has a losing team that few people support.Try-SeattleSan DiegoSt. LouisPittsburgh

Seattle & San Diego might work. He can park his yacht in those cities.

http://www.liveyachting.com/wp-content/uploads/2009/07/yacht-rising-sun.jp g

March 18, 2012  02:24 PM ET

If dude wants to buy an NBA team, why not buy the one thats FOR SALE? At this point, I bet he could use the whole Veto controversy and subsequent crappy season to get Stern to sell it for pennies on the dollar. But even if he does, don't move it to Cali, Seattle, Pittsburgh, idk about St. Louis...definitely not San Diego or San Jose, wayy too many California teams already.

Comment #10 has been removed
March 18, 2012  02:35 PM ET

Curb your enthusiasm.

Comment #12 has been removed
Comment #13 has been removed
Comment #14 has been removed
Comment #15 has been removed
March 18, 2012  10:59 PM ET

Wait there is another basketball team in California that is not a Lakers?!

March 19, 2012  08:49 AM ET
QUOTE(#12):

Dumb - you cannot carry Ellison's jockstrap when it comes to wealth.

You don't think that just might have been a joke, bro?

March 19, 2012  11:43 AM ET
QUOTE(#7):

Why not try other major cities without a team, not one that already has a losing team that few people support.Try-SeattleSan DiegoSt. LouisPittsburgh

Seattle yes!!!! San Diego maybe St. Louis hit or miss prospect and Pittsburgh is a definite no no. That city will never support basketball, especially david Stern's brand.

Nontheless, this would be another disappointing relocation move in the nba as Memphis was just about to turn the corner putting a quality product on the floor in a small market.

 
March 19, 2012  11:53 AM ET
QUOTE(#12):

Dumb - you cannot carry Ellison's jockstrap when it comes to wealth.

If there is a book titled "Humor For Dummies" you should locate it.

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