The Memphis Grizzlies are a professional basketball team based in Memphis, Tennessee, USA. The team is part of the Southwest Division of the Western Conference in the National Basketball Association (NBA). Along with the Toronto Raptors, the Grizzlies were established in 1995 as part of the NBA's expansion into Canada. The team originated that year in Vancouver, British Columbia and relocated to Memphis in 2001. The team's majority owner is Robert Pera, the remaining is controlled by several minority owners, including Jason Levien, Pitt Hyde, founder of AutoZone, and his wife Barbara Hyde, equity manager Staley Cates, former NBA player and University of Memphis point guard Elliot Perry, singer Justin Timberlake and NFL quarterback Peyton Manning and his wife, Ashley Manning.
While two other teams in Tennessee (Tennessee Titans and Nashville Predators) in the four major North American sports leagues (NFL, NBA, MLB, NHL) play in Nashville, the Grizzlies are the only team currently to play in Memphis.
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