According to Chris Vernon, who does an ESPN radio show in Memphis, Peyton Manning has bought into part ownership of the Memphis Grizzlies.
SCOOP: Peyton Manning has agreed in principle to become part-owner of the Memphis Grizzlies.
— Chris Vernon (@ChrisVernonShow) October 4, 2012
Manning played his college football at the University of Tennessee, so has ties to the state. Along with Manning, Penny Hardaway, former NBA and University of Memphis star, will also buy into the franchise.
SCOOP 2: Also involved in the local ownership… Penny Hardaway. they now have Justin Timberlake, Peyton Manning, and Penny Hardaway. Wow.
— Chris Vernon (@ChrisVernonShow) October 4, 2012
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