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Clarksville’s Hand Family partner in new ownership group of the NBA Memphis Grizzlies
Clarksville TN - New Memphis Grizzlies owner, billionaire Robert Pera, introduced his ownership group at a standing room only media event at the FedEx Forum on Monday, saying he was “the luckiest man in the world right now.”
Pera, the CEO of Silicon Valley wireless networking company Ubiquiti Networks and Grizzlies CEO Jason Levien addressed the media and announced their new ownership group, which includes Clarksville based Hand Family of Companies.
Memphis Grizzlies owner Robert Pera
Pera said he will be involved in all high-level decisions but will leave the operation of the franchise to Grizzlies CEO of Memphis Basketball LLC, Jason Levien.
A spokesman for the franchise would not disclose ownership percentages.
Charles Hand announced the news in an e-mail to his employees, “I am proud to announce that our company is minority partner in the new ownership group of the NBA’s Memphis Grizzlies. This will help solidify our company as a member of the Memphis business community.”
Former Grizzlies owner, 75 year old Michael Heisley told Foxsports.com this summer “He’s young. He’s in his 30s. I think he loves basketball. And I think he’s financially very well off. I think he’ll be an excellent owner, but that’s a job for the NBA to decide.” ESPN reported that the purchase price for the NBA franchise was in “the $350 million dollar range.”
Pera,the 34-year-old Northern California native, is a former engineer at Apple who left the computer giant at 25 to start his own company. Today Pera owns a reported 64 percent of the Ubiquiti Networks he founded and operates the company out of Taiwan as well as San Jose, CA. Pera speaks Chinese and Japanese and is said to play basketball four to five times per week.
About Hank Bonecutter 
Hank Bonecutter spent forty years in broadcasting as a talk-show host, journalist, writer, and producer. He is president of Bonehead Promotions an advertising consulting and media firm. He owns www.clarksvillesportsnetwork.com, and is a contributing author/journalist for Clarksville Online.
Hank is former owner/general manager of Wjzm radio, Clarksville TN, and produced the longest running morning radio talk show in Clarksville, “The Bone Show.”
Hank is also a stand-up comedian, having performed at some of the top comedy clubs in Tennessee, Kentucky and Georgia. He produced a series of Clarksville comedy shows called “Comedy on the Cumberland,” that raised money for Clarksville area charities.
You can follow Hank on Facebook and Twitter, @bonecutter01 and @boneheadnews.
Web Site: http://www.clarksvillesportsnetwork.com/
Email:
hbonecutter@clarksvilleonline.com
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Apple, Budweiser of Clarksville, California, Charles Hand, Chattanooga, Clarksville TN, Cookeville, ESPN, Foxsports, Hand Family, Harold Ford Jr., Hopkinsville KY, Jason Levien, Justin Timberlake, memphis grizzlies, Memphis Tennessee, memphis tn, Michael Heisley, National Basketball League, NBA, Robert Pera, San Jose CA, Silicon Valley, Taiwan, Ubiquiti Networks
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