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Grizzlies Local Ownership issues statement

Joe Murphy/NBAE/Getty Images

MEMPHIS - May 20, 2014 – Joe Nicosia and Pitt Hyde, the representatives of Local Ownership on the Grizzlies Executive Committee, issued the following statement today:

“We would like to thank Jason for his contributions to Memphis and wish him well in his future endeavors. We fully support Robert in his building of a world class organization and look forward to continuing to work in concert to achieve our ultimate goal of bringing a championship parade down Beale Street. We are confident that as the 2014-2015 season draws near, all of Grizz Nation will share in our excitement regarding the future of this organization."