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re: Fox8 confirming Benson has purchased Hornets; Aldrige sez $338M

Posted on 4/13/12 at 9:22 am to
Posted by VOR
Member since Apr 2009
64408 posts
Posted on 4/13/12 at 9:22 am to
The choice of a local majority owner best fits both sides, notes the same source. The 85-year old Benson first became firmly interested in buying the Hornets at the urging of Stern due to the desire of both men to make sure the franchise is firmly entrenched in the Crescent City long term.

LINK
Posted by TigerinATL
Member since Feb 2005
62055 posts
Posted on 4/13/12 at 9:24 am to
quote:

The 85-year old Benson first became firmly interested in buying the Hornets at the urging of Stern


Translation: Chouest was too cheap to buy the team and Stern didn't think Raj had enough local interest. Thank you Commissioner Stern. Now go put those lottery envelopes in the freezer.
Posted by teke184
Zachary, LA
Member since Jan 2007
98948 posts
Posted on 4/13/12 at 9:27 am to
This is in Benson's long-term interests on multiple fronts, IMHO.

It's good for his legacy for one, but it also maintains the value of the Superdome and surrounding buildings, which I'm pretty sure Benson now owns and leases back to the state of LA as part of his most recent agreement.
Posted by hendersonshands
Univ. of Louisiana Ragin Cajuns
Member since Oct 2007
160172 posts
Posted on 4/13/12 at 10:56 am to
GREATEST DAY OF MY LIFE
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