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How secure are the Pelicans in NO?

Posted on 4/10/17 at 2:29 pm
Posted by SirWinston
PNW
Member since Jul 2014
82178 posts
Posted on 4/10/17 at 2:29 pm
On paper it would seem like we're among the least secure (perhaps the least secure) franchise in the league - Milwaukee, Detroit, and Sacto all getting new arenas. Not sure of Portland or Minny's arena status.

I haven't heard any rumblings lately but have to say when in NO recently I was pleasantly surprised at all the Pelicans gear I saw around town - way exceeded what I see in Milwaukee, Minneapolis, and Philadelphia when I travel there regularly. Also the Pellies were on TVs at a way higher clip than I remember even the CP3 era Hawnits being.
This post was edited on 4/10/17 at 2:31 pm
Posted by NOFOX
New Orleans
Member since Jan 2014
9956 posts
Posted on 4/10/17 at 2:47 pm to
Pelicans are extremely secure. The Pelicans lease runs until 2024 and there are no escape clauses. Gayle Benson seemingly has no intention of moving the team and the NBA seems content having a franchise in New Orleans.
Posted by VOR
Member since Apr 2009
63651 posts
Posted on 4/10/17 at 2:49 pm to
Thjis franchise is going nowhere in the foreseeable future. It was Sterm';s pet. That's why he wanted Benson as an owner. Silver won't allow anything to change.
This post was edited on 4/10/17 at 2:50 pm
Posted by LesGeaux45
Member since Nov 2009
9232 posts
Posted on 4/10/17 at 2:53 pm to
We should rehash other worries from 2009 while we're at it, such as "Will we resign CP3?" and "Was the James Posey signing a bad idea?"
This post was edited on 4/10/17 at 2:59 pm
Posted by Colonel Flagg
Baton Rouge
Member since Apr 2010
22817 posts
Posted on 4/10/17 at 3:08 pm to
I would hope an arena less than 20 years old that has been constantly renovated wouldn't be an issue.

I would think they were very secure.
Posted by TigerinATL
Member since Feb 2005
61581 posts
Posted on 4/10/17 at 3:10 pm to
First, the national TV money is HUGE. In the bad old days when we thought the team was under constant threat of leaving, the players were taking 57% of $900 million leaving about $13 million for each team from the national TV deal. The new deal will average $2.66 Billion per year and the players cut is down to 51% giving each team $43 million from the TV deal, an increase $30 million. So imagine the Shinn Hornets worst season and give them $30 million extra, do you think they'd need to leave to make ends meet? That's not even taking increased revenue sharing and franchise valuations into account.

I was going to make other points like Benson supposedly bought the team for they synergy with his other properties, not to mention having 2 teams gives him more leverage when negotiating with the state/city, but I think I'll just leave it at the TV deal. That's a lot of extra money to put your mind at ease.
Posted by GeauxTigers1983
Ponchatoula
Member since Sep 2015
561 posts
Posted on 4/10/17 at 9:08 pm to
To me the only threat is Seattle. I know the league wants a team there again. Would hope that after Tom passes that some group doesn't offer a ridiculous amount of money to Gayle and move them to Seattle.
Posted by karralum
southeastern conference territory
Member since Apr 2012
1138 posts
Posted on 4/11/17 at 1:24 pm to
Didn't the Jamal Mashburn group who wanted the Hornets said they would keep the team here also?
And why not sell it to the state kinda like what the Packers done and citizens can be honorary shareholders
Posted by Lester Earl
Member since Nov 2003
278674 posts
Posted on 4/11/17 at 4:23 pm to
I dont understand why everyone is so confident. I wonder if these people go to the games and see the crowds or live in the city and hear the lack of hype surrounding this team. Or the lack of promotion by the team locally. Or the fact that the top 15 selling jerseys came out today and Anthony Davis is no where to be found. That is alarming to me. Dude's a top 6-7 player and no one knows who he is.


This teams needs to win, and win with Anthony Davis. Im not sure they can endure another rebuild where they have to trade off their best player to start over again. Which is why this regime needed to be gone yesterday. The same people that think they are secure are the same ones with blind faith in what we have going on right now.
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