My Corner of the World

Tuesday, October 03, 2006

Brian Davis wants to buy a NBA team. His college buddy Christian Laettner will co-own, along with others.. He has the Grizzlies in his sights.

Davis wants to keep team president Jerry West involved with the team. Davis told reporters he will offer "The Logo" a lifetime contract. Good move.

Davis says he won't move the team from Memphis, as he plans to make this home to his family. Again, sounds good & time will tell. I learned long ago never say never.

Pardon me if I proceed with cautious optimism. If it sounds too good to be true, it usually is... but Davis says the right things & has done nothing for me (at least today) to question his credibility.

Davis & Laettner will invest $40 million apiece, plus be joined by two "major institutions," two high-net-worth individuals, plus add two or three local minority owners. Eventually, Davis wants to make a $500 million to $1 billion investment in the area surrounding FedEx Forum.

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