The Memphis Grizzlies are a professional basketball team based in Memphis, Tennessee, USA. They are 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 Michael Heisley, who controls a 95% share of the franchise; the remaining 5% is controlled by several local owners, including AutoZone founder J. R. ("Pitt") Hyde, his wife Barbara Hyde, equity manager Staley Cates, and former NBA player and University of Memphis point guard Elliot Perry.
While two other teams in the four major North American sports leagues (NFL, MLB, NBA, NHL) play in Tennessee, the Grizzlies are the only team to currently play in Memphis.
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