Posted by Eric Bleier on June 04, 2010
The Memphis Grizzlies and Memphis City Schools announced today that the Grizzlies Academy will be closing, pending approval of the MCS Board of Commissioners, effective June 2010.
Grizzlies Academy, Inc., a 501c3 nonprofit corporation, and Memphis City Schools have enjoyed a productive partnership over seven years of working jointly to operate and support Grizzlies Academy. After significant analysis and constructive discussion, the Grizzlies Academy Board and MCS have mutually agreed that Grizzlies Academy is not fiscally viable within the current financial constraints of the Memphis City School system.
This decision was particularly influenced by four MCS Prep Academies that have been created since Grizzlies Academy was established in 2003, all addressing the same critical mission of serving over age students.
“Our Board is grateful for the great seven years we have had with Grizzlies Academy,” said Andy Cates, Chairman of the Grizzlies Academy Board. “Although we understand and support the decision to close the school, we are of course saddened to see this chapter close. We are working with MCS to make the transition as smooth as possible for the students and their families.”
Grizzlies Academy, Inc. and MCS agree that the closure of Grizzlies Academy at the end of the current school year is in the best interest of the students of Grizzlies Academy. Both sides are committed to working with the existing students to facilitate and expedite their reassignment to one of the aforementioned MCS Prep Academies.
“We are extremely proud of what we have accomplished in our partnership with Memphis City Schools at Grizzlies Academy over the last seven years,” said Greg Campbell, Grizzlies President of Business Operations. “We look forward to continued successes with MCS to provide opportunities for the youth of Memphis with literacy, health and mentoring initiatives.”
Grizzlies Academy Inc. and the Grizzlies Foundation are committed to continuing support of Memphis City Schools where possible. MCS and the Grizzlies Foundation are currently exploring new opportunities in which they can work together. Grizzlies Academy, Inc. will continue to honor the current lease on the existing school facility which allows MCS to avoid unnecessary ongoing operating costs.Share