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What happens with Chris Wallace and Lionel Hollins in the new Pera era?

Now that Robert Pera and CEO Jason Levien have officially taken over, what does this now mean for GM Chris Wallace and head coach Lionel Hollins?

Nelson Chenault-US PRESSWIRE

Yesterday was a big day for the Grizzlies, as we were all wrapped up in the new ownership deal where Robert Pera and his newly-hired CEO Jason Levien have officially taken the reins. Couple that with our home opener against the Jazz, and we're only now starting to really "dig into" what this new sale means for the current Grizzlies.

In the case of GM Chris Wallace and head coach Lionel Hollins, there is now the feeling that something might be done with one or both, for better or worse.

It's typical for new management to want to come in and bring in "their guys," which is what leads us to wonder out loud about Wallace and Hollins.

The great Ron Tillery over at the Commercial Appeal asked that question to Levien, who is now the key decision maker in Memphis, and his answer was, well...

"I've known Chris a while, I like Chris a lot," Levien told the CA on Sunday. "Other than focusing on the deal, we haven't spent any time under the hood. So now that we're finally here, and this is a moment which took a long time to get to, I'm looking forward to having that conversation."

That sounds about right. Not sure I expected any more or less than that. Yeah, he's great, but, dot-dot-dot...

I think Hollins is safe, as his contract is up at the end of the season, but that all depends on the end result of the season -- Oh, and O.J. Mayo isn't making things any easier on Hollins' case for being re-upped!

Wallace, we'll have to see. A lot of that has to do with whether or not he and Levien are on the same page. We know that Wallace was a Michael Heisley guy, and he worked well within the Heisley guidelines, but it remains to be seen whether or not Wallace and Levien are on the same page.

I suppose we'll find out soon enough, right?