Grizzlies new owner breaks silence, still doesn’t say much
Over the past few months Robert Pera — the 34-year-old Silocone Valley entrepreneur trying to purchase the Memphis Grizzlies — has stayed quiet while the world has buzzed around him.
the 34-year-old billionaire hasn’t spoken much at all about his efforts to buy the Grizzles, something tat David Stern likely suggested. He also hasn’t spoken about the company he founded, Ubiquiti Networks Inc., seeing its stock price fall by more than half since the spring.
Finally he decided to explain what was going on to the San Jose Business Journal (via the Commercial Appeal), except he still really didn’t say anything interesting about the Grizzlies at all. (Quote via the Commercial Appeal.)
There you go. That’s your insight. (He’s a little more insightful on Ubiquiti, but just a little.)
Pera is currently going through the NBA’s background check procedure so the sale of the team is not official yet. It likely will be before the NBA season starts.
Perra is also still trying to help round up local ownership, reports the Commercial Appeal.