NBA Finance Committee approves Grizzlies sale

(WMC-TV) - The NBA Finance Committee unanimously approved the sale of the Memphis Grizzlies to multi-millionaire Robert Pera and his group of investors.

This approval likely means the NBA's Board of Governors will also approve the deal on Thursday.

Pera and his fellow investors must also seal the deal with owner Michael Heisley.

Other investors include Peyton Manning, Penny Hardaway, Elliot Perry, and Justin Timberlake.

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