Reports: Peyton Manning to become minority owner of Grizzlies

Posted Oct. 04, 2012 @ 5:12 p.m.
Posted By PFW staff

Broncos QB Peyton Manning and his wife, Ashley, agreed to join the group of minority owners of the NBA’s Memphis Grizzlies, according to multiple reports.

The Mannings are joining a minority group that includes Justin Timberlake and also welcomes former NBA player Penny Hardaway.

NFL spokesman Greg Aiello told The Associated Press that having a piece of a pro sports team in another league will not be a conflict for Manning and the NFL.

The Grizzlies were bought in June by Robert J. Pera, an owner of a California tech company.