‘Early termination’ clause in Grizzlies lease may require city and county to kick in millions to keep team

By Updated: June 24, 2020 4:32 PM CT | Published: June 24, 2020 3:28 PM CT Calkins

The Memphis Grizzlies have met with city and county officials to discuss a little-known "early termination" clause in the Grizzlies lease which could require the city and county to spend millions to make up for ticket shortfalls this season — or risk losing the team. 


Memphis Grizzlies lease FedExForum relocation
Geoff Calkins

Geoff Calkins

Geoff Calkins has been chronicling Memphis and Memphis sports for more than two decades. He is host of "The Geoff Calkins Show" from 9-11 a.m. M-F on 92.9 FM. Calkins has been named the best sports columnist in the country five times by the Associated Press sports editors, but still figures his best columns are about the people who make Memphis what it is.

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