Report: Justin Timberlake to join Grizzlies’ new ownership group
Sources tell Marc Stein of ESPN.com that soon-to-be Memphis Grizzlies owner Robert Pera has recruited Memphis native Justin Timberlake to be one of his minority partners.
Sources told ESPN.com that Timberlake and Pera have quickly struck up a friendship, with one source adding that the singer/actor is making “a meaningful investment into the team” and “plans to be active” with the Grizzlies. The league office, sources said, has been made aware of Timberlake’s proposed involvement and is already well acquainted with him after inviting the self-proclaimed basketball junkie to participate in various celebrity games at All-Star Weekend.
Pera’s bid is on track to be approved by the NBA’s Board of Governors before the start of the season.