I have been following and studying the possibility of relocation intently and I have only heard of Memphis being a potential suitor in passing.
The above article has the wrong URL for Minor League News - it is, in fact, Minor League News
The story of interest is: Fleeing Fish. They give their opinion on Las Vegas, Portland, San Antonio, Indianapolis, Memphis, Sacramento, Charleston, South Florida North and Norfolk. While I don't agree with a lot of their assessments, for various reasons, it is always interesting to read what others think on the matter. But trust me - most of the listed cities are nonstarters, including Memphis.
Actually, what maybe the most interesting part of the article is how the writer at MLN ends it:
I kid you not.
Since we're doing songs and I love songs, I might as well end this with my favorite song that contains a reference to Memphis:
I've seen the bright lights of Memphis
And the Commodore Hotel
And underneath a street lamp I met a Southern belle
Well she took me to the river, where she cast her spell
And in that Southern moonlight, she sang a song so well
Little Feat - well, actually, Lowell George, but who wants to get pedantic.