Michael Heisley's Cheapness Strikes Again

Use your ← → (arrow) keys to browse more stories
Michael Heisley's Cheapness Strikes Again

In 2009, SI.com named Grizzlies owner Michael Heisley the third worst owner in the NBA.

His crimes?

Trading away the greatest player this woebegone franchise has ever known in Pau Gasol, who, by the way, has two NBA championships as a member of the Lakers.

Signing Allen Iverson, mainly because Iverson was his wife's favorite basketball player, which in turn cost the team at least four wins this past season.

And now, days after signing Rudy Gay to a five-year deal worth over $80 million, Heisley once again proves to everyone who follows the NBA why he deserves to be considered one of the worst owners in the league.

Xavier Henry, who the Grizzlies selected with the No. 12 overall pick, has yet to play a summer league game.

Not because of an injury.

But because Heisley the Cheapo refuses to budge in contract talks with the former Kansas star.

Unlike the NFL, the NBA has a rookie salary scale that pays their draft picks based on selection.

Roughly, owners pay their rookies between 80 and 120 percent of the figures they make in their first year, however unlike in the past in situations with both Rudy Gay and Hasheem Thabeet, in which he paid the 120 percent to both, Heisley is refusing to do the same for Henry.

Which in turn has resulted in Henry holding out and possibly hindering his development into the player he can be in this league.

What's laughable about this is the fact that the amount being fought over is roughly over $330,000, barely half of what he is planning to make this season.

According to GM Chris Wallace, the idea is for Henry to earn his keep, which to me, is another delusional statement from South Third.

How can a franchise, which paid $82 million to a guy who hasn't played to his potential or even in an All-Star Game, dicker around with a guy who can provide instant production?

You tell me.

Follow Memphis Grizzlies from B/R on Facebook

Follow Memphis Grizzlies from B/R on Facebook and get the latest updates straight to your newsfeed!

Memphis Grizzlies

Subscribe Now

By signing up for our newsletter, you agree to our Terms and Privacy Policy.

Thanks for signing up.