 In February 2001, the Louisville Board of Aldermen contacted the Grizzlies in an attempt to relocate the team to Louisville, Kentucky. The city lacked a suitable venue, but state and local officials agreed to build a new US $ 200 million arena if the NBA franchise relocated to the city. In addition, Tricon Global Restaurants (now Yum! Brands) would offer Heisley US $ 5 million per year for 20 years to locate the team in Louisville.
