{"id":103294,"date":"2025-08-29T01:50:07","date_gmt":"2025-08-29T01:50:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/103294\/"},"modified":"2025-08-29T01:50:07","modified_gmt":"2025-08-29T01:50:07","slug":"grizzlies-star-ja-morant-linked-to-purchase-of-professional-basketball-team","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/103294\/","title":{"rendered":"Grizzlies Star Ja Morant Linked to Purchase of Professional Basketball Team"},"content":{"rendered":"<p class=\"tagStyle_16dbupz-o_O-style_mxvz7o-o_O-style_12bse5w-o_O-style_6s3kpz\" data-mm-id=\"_p3cwp7yx1\">The Memphis Grizzlies have made some major changes to their franchise since the tail end of the 2024-25 season. Despite being in postseason position, the Grizzlies decided to cut ties with head coach Taylor Jenkins, the winningest coach in franchise history.<\/p>\n<p class=\"tagStyle_16dbupz-o_O-style_mxvz7o-o_O-style_12bse5w-o_O-style_6s3kpz\" data-mm-id=\"_frogf4fu8\">Additionally, following their first-round elimination by the Oklahoma City Thunder, which saw them lose in record-breaking fashion in Game 1, the Grizzlies decided to part ways with sharpshooting guard Desmond Bane in a blockbuster deal to the Orlando Magic. Now, the fate of the franchise rests in the hands of their All-Star duo, Ja Morant and Jaren Jackson Jr.<\/p>\n<p lang=\"en\" dir=\"ltr\">Trade summary, per <a href=\"https:\/\/twitter.com\/ShamsCharania?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">@ShamsCharania<\/a>:<\/p>\n<p>Magic get &#8211; Desmond Bane<br \/>Grizzlies get &#8211; Kentavious Caldwell-Pope, Cole Anthony, 4 unprotected first-round picks, one first-round pick swap<\/p>\n<p>\u2014 Underdog NBA (@UnderdogNBA) <a href=\"https:\/\/twitter.com\/UnderdogNBA\/status\/1934267768691634329?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">June 15, 2025<\/a><\/p>\n<p class=\"tagStyle_16dbupz-o_O-style_mxvz7o-o_O-style_12bse5w-o_O-style_6s3kpz\" data-mm-id=\"_w63n010d1\">While Jackson Jr. received an extension this offseason, and shortly followed that up by suffering a turf toe injury, <a class=\"tagStyle_16dbupz-o_O-style_1fly2ec\" href=\"https:\/\/www.basketballnews.com\/stories\/ja-morant-visits-manila-philippines-in-make-them-watch-nike-tour-finale\" rel=\"nofollow noopener\" target=\"_blank\">Morant took some time<\/a> this offseason to head out to the Philippines, China, and Japan as a part of his global tour with Nike. There&#8217;s no telling if his time out there inspired him, but it appears as though Morant could be looking to make a major investment overseas soon.<\/p>\n<p class=\"tagStyle_16dbupz-o_O-style_mxvz7o-o_O-style_12bse5w-o_O-style_6s3kpz\" data-mm-id=\"_y4wie460h\">According to <a class=\"tagStyle_16dbupz-o_O-style_1fly2ec\" href=\"https:\/\/clutchpoints.com\/nba\/memphis-grizzlies\/sources-ja-morants-catch12-in-talks-to-purchase-stake-in-european-basketball-team\" rel=\"nofollow noopener\" target=\"_blank\">Tomer Azarly of Clutch Points<\/a>, Morant&#8217;s business and media company Catch 12 is in talks to purchase an ownership stake in a European basketball franchise.<\/p>\n<p lang=\"en\" dir=\"ltr\">Catch12, Ja Morant&#8217;s media\/business venture company, has entered exploratory conversations to purchase a stake in a European basketball franchise, per <a href=\"https:\/\/twitter.com\/TomerAzarly?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">@TomerAzarly<\/a>. <a href=\"https:\/\/t.co\/tXrmF1dwbV\" rel=\"nofollow\">pic.twitter.com\/tXrmF1dwbV<\/a><\/p>\n<p>\u2014 ClutchPoints (@ClutchPoints) <a href=\"https:\/\/twitter.com\/ClutchPoints\/status\/1961117069602337220?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">August 28, 2025<\/a><\/p>\n<p class=\"tagStyle_16dbupz-o_O-style_mxvz7o-o_O-style_12bse5w-o_O-style_6s3kpz\" data-mm-id=\"_6nsov5x97\">In the report by Azarly, he details that Catch12 is in exploratory talks about this venture, &#8220;but owning a minority stake in one of Europe&#8217;s premier basketball markets reflects Morant and Catch12&#8217;s commitment to expanding his brand beyond the United States.&#8221;<\/p>\n<p class=\"tagStyle_16dbupz-o_O-style_mxvz7o-o_O-style_12bse5w-o_O-style_6s3kpz\" data-mm-id=\"_kxxgwnvr3\">While this is big news for Morant as he looks to grow his brand and business beyond the United States, this shouldn&#8217;t serve as a warning to Grizzlies fans that the two-time All-Star is looking to leave the NBA to play overseas anytime soon.<\/p>\n<p lang=\"en\" dir=\"ltr\">LeBron James has become a partner in the Fenway Sports Group, making him a part owner of the Boston Red Sox, first reported by the Boston Globe and confirmed by ESPN. <a href=\"https:\/\/t.co\/Yo0BJTlAYd\" rel=\"nofollow\">pic.twitter.com\/Yo0BJTlAYd<\/a><\/p>\n<p>\u2014 SportsCenter (@SportsCenter) <a href=\"https:\/\/twitter.com\/SportsCenter\/status\/1371902875526438921?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">March 16, 2021<\/a><\/p>\n<p class=\"tagStyle_16dbupz-o_O-style_mxvz7o-o_O-style_12bse5w-o_O-style_6s3kpz\" data-mm-id=\"_x7ew54xwm\">If a deal for ownership were to go through, Morant wouldn&#8217;t be the only active professional athlete to be a part of an ownership group. Los Angeles Lakers star LeBron James, for example, is a partner at Fenway Sports Group, the company that owns majority ownership in the Boston Red Sox and English Premier League club Liverpool FC.<\/p>\n<p class=\"tagStyle_16dbupz-o_O-style_mxvz7o-o_O-style_12bse5w-o_O-style_6s3kpz\" data-mm-id=\"_bjc54pb6j\">Given Morant is still one of the premier point guards in the NBA, it wouldn&#8217;t make any sense for him to abandon the hundreds of millions of dollars he has on the table to head to Europe to play for a basketball team he could end up having ownership in. Therefore, this move should solely be viewed as the Grizzlies star expanding his investment portfolio.<\/p>\n<p class=\"tagStyle_16dbupz-o_O-style_mxvz7o-o_O-style_12bse5w-o_O-style_6s3kpz\" data-mm-id=\"_llqcnj2tu\"><a class=\"tagStyle_16dbupz-o_O-style_1fly2ec\" href=\"https:\/\/www.si.com\/nba\/grizzlies\/news\/nba-experts-predict-grizzlies-2025-26-record-after-blockbuster-trade\" target=\"_blank\" rel=\"nofollow noopener\">NBA Experts Predict Grizzlies&#8217; 2025-26 Record After Blockbuster Trade<\/a><\/p>\n<p class=\"tagStyle_16dbupz-o_O-style_mxvz7o-o_O-style_12bse5w-o_O-style_6s3kpz\" data-mm-id=\"_foqnj0nuf\"><a class=\"tagStyle_16dbupz-o_O-style_1fly2ec\" href=\"https:\/\/www.si.com\/nba\/grizzlies\/news\/nba-insiders-ja-morant-trade-prediction-says-everything-about-grizzlies\" target=\"_blank\" rel=\"nofollow noopener\">NBA Insiders&#8217; Ja Morant Trade Prediction Says Everything About Grizzlies<\/a><\/p>\n<p class=\"tagStyle_16dbupz-o_O-style_mxvz7o-o_O-style_12bse5w-o_O-style_6s3kpz\" data-mm-id=\"_kk5ql8xif\"><a class=\"tagStyle_16dbupz-o_O-style_1fly2ec\" href=\"https:\/\/www.si.com\/nba\/grizzlies\/news\/indiana-pacers-add-grizzlies-coach-after-reaching-nba-finals\" target=\"_blank\" rel=\"nofollow noopener\">Indiana Pacers Add Grizzlies Coach After Reaching NBA Finals<\/a><\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"The Memphis Grizzlies have made some major changes to their franchise since the tail end of the 2024-25&hellip;\n","protected":false},"author":2,"featured_media":103295,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[557],"tags":[64,63,590,85],"class_list":["post-103294","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nba","tag-au","tag-australia","tag-nba","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/103294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=103294"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/103294\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/103295"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=103294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=103294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=103294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}