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Home » How Much Did Pera Buy The Grizzlies For? A Look At The Price Tag

How Much Did Pera Buy The Grizzlies For? A Look At The Price Tag

How much did Pera buy the grizzlies for?

Robert Pera bought the Grizzlies for $377 million in 2012. That was a smart move! The team, despite being the least valuable in the NBA at the time, is now worth $1.5 billion according to Forbes. That’s a pretty impressive return on investment!

But it wasn’t just about the money for Pera. He had a vision for the Grizzlies, and he wanted to make them a winning team. He knew that Memphis was a passionate basketball city, and he wanted to bring the excitement of the NBA back to the city.

Pera’s investment paid off. The Grizzlies have been a consistent playoff contender since he bought the team. They’ve even made it to the Western Conference Finals once.

The Grizzlies have become a popular team with fans, too. They have a dedicated fanbase in Memphis, and they have a growing fanbase around the world.

Pera’s purchase of the Grizzlies was a big gamble, but it paid off. He turned the Grizzlies into a successful franchise, and he’s helped to bring the excitement of the NBA back to Memphis.

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