Grizzlies expected to remain in Memphis for decades, says Chamber CEO

Greater Memphis Chamber CEO Duncan Williams announced that the Memphis Grizzlies will stay in the city for "multiple decades." During a meeting with Grizzlies leadership, Williams expressed confidence in a long-term lease agreement. He mentioned ongoing renovations at FedExForum, with a significant $80 million project already approved to enhance the facility. Previous discussions regarding the team's potential relocation faced community pushback, especially after remarks from ESPN's Stephen A. Smith suggesting a move to Nashville. The Grizzlies are currently under contract at FedExForum until 2029, and more extensive renovations estimated at $550 million are planned over the coming years.

• 4:52 PMYahoo Sports — Grizzlies staying in Memphis for 'multiple decades,' Chamber CEO says