Michael Heisley was a successful businessman who made his fortune in the manufacturing industry. He became involved in the world of basketball in the late 1990s when he purchased a minority stake in the Vancouver Grizzlies. Heisley quickly became enamored with the sport and decided to purchase the team outright in 2000.
Under Heisley's ownership, the Grizzlies struggled on the court, but he was committed to building a winning team. He made several high-profile trades and signings, including acquiring Pau Gasol in 2001. Despite these efforts, the Grizzlies continued to struggle, and Heisley eventually decided to move the team to Memphis in 2001.
In Memphis, Heisley continued to invest in the team, building a new arena and bringing in talented players like Rudy Gay and Zach Randolph. He also made several coaching changes, including hiring Lionel Hollins, who led the team to its first playoff appearance in 2011.
Off the court, Heisley was known for his philanthropy and community involvement. He donated millions of dollars to various charities and was actively involved in the Memphis community.
In 2012, Heisley sold the Grizzlies to a group of investors led by Robert Pera. Despite the team's struggles on the court during his ownership, Heisley was widely respected for his commitment to the sport and his contributions to the Memphis community.
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