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Ex-Grizzlies owner Heisley, 77, dies

Updated: April 27, 2014, 3:06 AM ET
Associated Press

MEMPHIS, Tenn. -- Michael Heisley, the billionaire businessman who bought the Vancouver Grizzlies and moved the NBA team to Memphis, died Saturday. He was 77.

The Grizzlies said Saturday night that a family member confirmed Heisley's death. The Commercial Appeal reported that Heisley died in Illinois of complications from a massive stroke he suffered nearly 15 months ago.

Heisley sold the team to Robert Pera before the start of the 2012-13 season.

Heisley, chairman emeritus ...

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