Memphis Blues

Van Riper, Tom
January 2010
Forbes Asia;Jan2010, Vol. 6 Issue 1, p76
The article presents an analysis on the management of financer Michael Heisley on his owned National Basketball Association (NBA) team called the Memphis Grizzlies in Tennessee. It notes that the team has lost lots of money and has been dysfunctional when Heisley used the private equity strategies by securitizing naming rights strategy into bonds to acquire immediate cash. It mentions that basketball coaches handling the team also pulled out due to Heisley's management.


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