Valvoline signs on as official sponsor for Memphis Grizzlies
Participating in this sponsorship deal:
About Sponsor:
Valvoline, a brand of Ashland Inc., (NYSE: ASH) has been serving American motorists longer than any other motor oil. The Valvoline family of products includes Eagle One™ appearance products, Car Brite™ car restoration products, Zerex™ antifreeze, SynPower™ performance products, MaxLife™ products created for higher-mileage engines and NextGen™ motor oil, created with 50 percent recycled oil. With more than 870 locations throughout the United States, Valvoline Instant Oil Change™ is a leader in serving the quick lube market.
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.