Penny Hardaway Joins Ownership Group for Memphis Grizzlies

From Associated Press

NFL quarterback Peyton Manning and his wife, Ashley, and former NBA player Penny Hardaway have agreed to join the group of minority owners for the Memphis Grizzlies, said a person familiar with the deal.

The Manning’s and Hardaway join a minority group that includes singer and actor Justin Timberlake and a couple Memphis businessmen, the person told The Associated Press Thursday on condition of anonymity because prospective buyer Robert J. Pera’s purchase of the Grizzlies is pending approval by the NBA.

The addition of Manning and Hardaway first was reported by The Chris Vernon Show on WMFS-FM on Thursday.

Read more at AP