Snapshot
October 19, 2021

Socios.com signs on as official sponsor for Memphis Grizzlies

Participating in this sponsorship deal:

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About Sponsor:

Socios.com specializes in providing sports & entertainment entities with tools to help them engage & monetize their global audiences. To date, 25 major sporting organisations, including UFC® FC Barcelona, Juventus, AC Milan, Paris Saint-Germain and Manchester City have partnered with Socios.com. Leading esports organizations Team Heretics, NAVI, OG and Alliance have all launched Fan Tokens on the platform, while UFC have signed a global fan engagement agreement and fellow MMA organisation the Professional Fighters League have launched a Fan Token. Many more leading sports and entertainment properties from around the world are set to launch Fan Tokens in the near future. The company has 100+ employees, multiple office locations around the world and will open new offices in Spain, US and Brazil in 2021.

About Property:

The Memphis Grizzlies are a professional basketball team based in Memphis, Tennessee, USA. The team is part of the Southwest Division of the Western Conference in the National Basketball Association . Along with the Toronto Raptors, the Grizzlies were established in 1995 as part of the NBA's expansion into Canada. The team originated that year in Vancouver, British Columbia and relocated to Memphis in 2001. The team's majority owner is Michael Heisley, who controls a 95% share of the franchise; the remaining 5% is controlled by several local owners, including AutoZone founder J. R. Hyde, his wife Barbara Hyde, equity manager Staley Cates, and former NBA player and University of Memphis point guard Elliot Perry.

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