Iowa Energy gain affiliation with Memphis Grizzlies
Tuesday, May 06, 2014 3:18 PM
The Iowa Energy will be affiliated with the NBA's Memphis Grizzlies next season,The Des Moines Register reported. Jerry Crawford, founder of the Energy, said the team weighed four affiliate offers, and three of those options required leaving Iowa. But the deal with Memphis allows the Energy to stay in Des Moines. Crawford and Bill Jacobson will remain owner-shareholders, but the Grizzlies also plans to offer six new local shares.