"Last minute negotiations are ongoing in a dramatic 48-hour countdown that might make Vegas history with official news of a NBA team getting approval for a move to our desert kingdom.
"NBA Commissioner David Stern arrived in Vegas last night and has plans today to meet with Mayor Oscar Goodman. One of the items on that agenda is the strong possibility of the Memphis Grizzlies being sold to a Vegas investor group.
"The pieces of the puzzle are slowly being put together. This morning at 9AM, the board of directors of our Las Vegas Convention and Visitors Authority will meet here and announce that the FIBA Basketball Championship will also be held in Vegas before year end. The NBA All-Star dance team will actually attend the board of directors meeting, signaling the excitement of basketball for Vegas.
For a more informed take on this rumor, see Chris Herrington's Beyond the Arc Griz blog.