Grizzlies valued at more than $1 Billion by Kaplan in Grizzlies Team Talk Posted Sunday at 02:58 AM · Report reply On 3/13/2018 at 5:00 PM, Father Pat said: I think it all depends on how much time Pera has to pony up. The amount is roughly 300 million. When Pera bought the team, he went to Kaplan because he is the type of guy that raises money. In December it was reported that $1 billion valuation would force Pera to sell (see: https://clutchpoints.com/memphis-palace-coup-fate-grizzlies-will-decided-60-days/ Since December Pera's company has taken a hit and the team has gotten worse. Things that will probably make it harder for Pera to raise money. Edit: Pera's company just announced that they will be spending $200 million on a stock repurchasing effort. Companies do that when they are flush with cash.