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Easy to see why Griz's local owners wanted out : Grizzlies

David's Memphis Grizzlies Blog found this 3/28/2008 on commercialappeal.com

Pitt Hyde and Staley Cates -- the Grizzlies' most significant local owners, the men who came up with the crazy idea of bringing an NBA team to Memphis -- decided they couldn't work with the guy any longer. They could not pony up more money to support Michael Heisley. They could not continue to be part of an ownership group they didn't believe in. So they made one last effort to buy the team, ...