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Peyton Manning part-owner in NBA

Updated: October 4, 2012, 5:51 PM ET
By Darren Rovell | ESPN.com

Denver Broncos quarterback Peyton Manning isn't allowed to own a piece of a football team per NFL rules, but that doesn't mean he can't own a piece of another team in another sport.

Sources have confirmed to ESPN.com that Manning is part of the proposed ownership group led by Robert Pera, who agreed to buy the Memphis Grizzlies from Michael Heisley for about $350 million this summer.

The news of the involvement of Manning, who played collegiately at the University of Tennessee, was ...

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