Sale of NBA’s Grizzlies stalls

Robert Pera, a 34-year old businessman from Silicon Valley, was poised to purchase the Grizzlies. That was until word of potential business improprieties started surfacing, sending the NBA’s legal team on an extensive vetting process to look into Peras overseas business dealings. Some of those dealings include his company, Ubitquiti Networks, selling products illegally into Iran.