quote:
That was 3 years ago, and before the Broncos sold for almost $5B. Local ownership isn’t happening nor will the Saints sell for a home team discount. Austin, Orlando, OKC, Raleigh have so much more money and better futures it will be very difficult to avoid a relocation if we keep electing Teedys.

This.

It's delusional for one to firmly believe that the Saints will never move from New Orleans. It could happen, after Ms. Benson's time has passed.

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Posted by Bayou Brat

Member since Jul 2021

1023 posts

Posted on 8/21/22 at 3:44 pm to Champagne

quote:
It's delusional for one to firmly believe that the Saints will never move from New Orleans. It could happen, after Ms. Benson's time has passed.

Tom took the decision out of Gayle's hands before his death. He put Lauscha in charge of it. He'll do what needs to be done to keep the Saints in NOLA. The Saints will eventually be sold when Gayle passes. The stadium may be moved to another location but I'm confident the Saints will stay in NOLA.

This is from a 2021 article...

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According to a succession plan created before her late husband Tom Benson’s death, when she dies, the city’s beloved professional football and basketball teams will need to be sold. And the expected billions of dollars in proceeds will be aimed at charities focused on New Orleans.

As long as Lauscha, 52, is still living, it will be his job to oversee the sale of the Saints and Pelicans, with a goal of ensuring the NFL and NBA teams remain in New Orleans. It will then fall to him to manage what philanthropy experts describe as a “transformational” endowment for the city.

As overseer of those twin tasks, Lauscha will become one of the most in[uential New Orleans business leaders in recent memory. But his evolution from a kid growing up on the west bank to a young adviser to Tom Benson and later executor of his estate has happened largely out of public view. With the announcement of the succession plan, however, Lauscha has decided to speak openly about the challenges that lie ahead.

“I think about it all the time,” Lauscha said of his looming duties in a recent interview. “It’s a tremendous responsibility.”
Besides selecting a new team owner and managing the endowment after Gayle Benson dies, Lauscha will continue to be her point man, in charge of negotiating lease extensions aimed at keeping both the Saints and Pelicans in town well into the future.