Just how bad are things for the Grizzlies? In a Boston Globe piece from Mark Murphy (via True Hoop), Tommy Heinsohn indicates a liquidation sale on Stromile Swift jerseys might be coming soon.
"One guy told me tonight that if his team didn't get one of those top two picks, his team had a serious chance of going out of business. Now that's tough. At least (the Celtics) aren't in that situation."Given the tenuous ownership situation, miniscule fan support, and overall blase in Memphis, you've got to believe Tommy is talking about Memphis.
Could an NBA franchise really go out of business? Michael Heisley is struggling to find a buyer with enough cash. And honestly, who would want the Memphis Grizzlies? They have a nice new arena and a city with deep basketball tradition, but they are a money pit with a bleak future and no highly marketable superstar. (Sorry, Pau.) Sadly, the people of Memphis just have not bought into the Grizzlies.
With Seattle, Sacramento, and Memphis all in trouble, David Stern's got his hands full. At least Portland -- who was in dire straits only a few years ago -- is set for a decade.