Memphis Grizzlies basketball new chairman Robert Pera smiles during a press conference in Memphis, ... [+] Tenn., Monday, Nov. 5, 2012. (AP Photo/Lance Murphey) ASSOCIATED PRESSAdd Memphis Grizzlies owner Robert Pera to the list of people around the NBA using their wealth to help team workers through the league’s indefinite suspension. As first reported by The Daily Memphian’s Geoff Calkins, the 42-year-old Pera will compensate all Memphis’ game night employees for any games missed through the rest of the season. Pera joins a growing list of owners and NBA players who have donated money to aid workers who otherwise would lose income due to canceled games. In 2018, when Pera bought out Grizzlies minority owner Daniel Straus, the franchise had an estimated value between $1.3 and $1.4 billion.

Source: Forbes March 14, 2020 21:22 UTC