View Single Post
  #1  
Old 04-13-12, 01:09 PM
MichaelWi101's Avatar
MichaelWi101 MichaelWi101 is offline
SR 2009 and 2011 Pick The Winner Champion
 
Join Date: Dec 2003
Location: Deep in the heart of Texas
Posts: 2,490
Tom Benson Buys The Hornets

Report -- New Orleans Saints owner Tom Benson lines up to buy New Orleans Hornets - ESPN


NEW YORK -- The Saints say the NFL team's owner Tom Benson has bought the New Orleans Hornets from the NBA.
The team said on Twitter Friday they are "thrilled" to confirm "Tom Benson as the new owner of the New Orleans (at)Hornets!"
A person familiar with the deal says the purchase price is $338 million. The person spoke to The Associated Press on condition of anonymity because the financial terms have not been announced.
The NBA has been trying to sell the Hornets since buying the club from founder George Shinn in December 2010. While preparing the team for sale the league negotiated a new lease for the Hornets to remain in the state-owned New Orleans Arena through 2024.

Glad they have a new owner, but he's 84 years old, not sure exactly why they choose him over the other group (of which his brother was a member...) should be interesting at Thanksgiving around the dinner table.
__________________
Since you can't fix stupid, at least you should be able to prosecute it!
Reply With Quote