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About Memphis Grizzlies
The Memphis Grizzlies are a professional basketball team based in Memphis, Tennessee. They are part of the Southwest Division of the Western Conference in the National Basketball Association (NBA). The team was established in 1995 in Vancouver, along with the Toronto Raptors, as part of the NBA's expansion into Canada. The Grizzlies relocated to Memphis in 2001. The team's majority owner is Michael Heisley, who controls a 70% share of the franchise; the remaining 30% is controlled by several local owners, including AutoZone founder J.R. ("Pitt") Hyde, equity manager Staley Cates, and former NBA player and University of Memphis point guard Elliot Perry. Until June 30, 2007 NBA legend Jerry West served as the team's President of Basketball Operations.
The Vancouver Grizzlies along with the Toronto Raptors became expansion NBA franchises in 1995. Both teams were the first NBA teams to play in Canada since 1946–47's Toronto Huskies. The Grizzlies were originally supposed to be named the Vancouver Mounties, but were forced to find a new name due to objections from the Royal Canadian Mounted Police. They then decided to adopt the name "Grizzlies," after the grizzly bear, a longtime cultural symbol of Canada. Like the Raptors, the Grizzlies paid homage to the sport's founder, native Canadian James Naismith, in their color scheme; one of their team colors was "Naismith blue."
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