BREAKING NEWS: the Memphis grizzlies CEO Jason Levien make decisions of returning their playing grand from FedExForum back to Pyramid owing to the fact…..see more
move that has shocked fans and the broader NBA community, Memphis Grizzlies CEO Jason Levien has officially announced the team’s decision to return their home games to the historic Pyramid Arena, moving away from the FedExForum, their home since 2004.
The announcement was made at a press conference held this morning, where Levien cited a combination of economic, cultural, and strategic factors behind the decision.
“The Pyramid is more than just a building—it’s a symbol of Memphis. After months of internal discussions, community outreach, and financial assessments, we believe the time is right to bring the Grizzlies back to where Memphis basketball history began,” Levien said.
Reasons Behind the Move
Levien pointed to several key reasons for the transition:
- Revitalization of the Downtown Area: The Pyramid, currently home to a Bass Pro Shops megastore and other commercial outlets, has been the focus of renewed urban redevelopment efforts. Local government officials are planning to expand the arena’s functionality, allowing for NBA-level games while retaining retail operations.
- Fan Experience and Nostalgia: “Many of our longtime fans still hold deep emotional ties to the Pyramid,” said Levien. “We want to honor that legacy while modernizing the space to create a next-generation experience.”
- Financial Efficiency: The FedExForum, though state-of-the-art, has faced rising maintenance costs and logistical concerns. Renovating and repurposing the Pyramid could offer long-term savings and new revenue streams, including tourism and multi-use event hosting.
- Unique Brand Opportunity: Levien also emphasized the branding potential. “No other NBA team plays in a venue like the Pyramid. It’s iconic, and we’re going to make it a landmark for modern basketball.”
Renovation Plans
While the Pyramid will undergo a major retrofit to meet NBA standards, including upgraded seating, locker rooms, and digital infrastructure, Levien confirmed that Bass Pro Shops will remain an “integral partner” in the building’s multi-use layout.
Construction is expected to begin in early 2026, with the Grizzlies aiming to debut at the new (old) venue by the 2027–2028 season.
Mixed Reactions
The news has generated a whirlwind of reactions across social media. While some fans are thrilled about the nostalgic return, others express concern over the logistics and implications for downtown traffic, arena size, and scheduling.
FedEx, which holds naming rights to the FedExForum, has yet to release an official statement.
