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Message
Fox8 confirming Benson has purchased Hornets; Aldrige sez $338M
Posted on 4/13/12 at 9:07 am
Posted on 4/13/12 at 9:07 am
quote:
New Orleans - Fox 8 confirms through NBA sources New Orleans Saints owner Tom Benson has purchased the NBA's New Orleans Hornets.
An announcement could come at the conclusion of the NBA Board of Governors meeting today in New York at the St. Regis Hotel. Benson has been in New York since Thursday working to conclude the deal.
Fox 8 Sources: Tom Benson buys the New Orleans Hornets
quote:
David Aldridge ? @daldridgetnt
Hornets to be sold for $338M to Saints owner Tom Benson, per source. Story up soon on https://NBA.com.
This post was edited on 4/13/12 at 10:48 am
13
Posted on 4/13/12 at 9:07 am to wope
Posted on 4/13/12 at 9:09 am to wope
Posted on 4/13/12 at 9:09 am to wope
Wow.
Posted on 4/13/12 at 9:10 am to wope
Benson, along with the talk of rebrand makes my taint tickle.
Posted on 4/13/12 at 9:11 am to MrPappagiorgio
Posted on 4/13/12 at 9:13 am to MrPappagiorgio
quote:
Benson, along with the talk of rebrand makes my taint tickle.
Wow. We have come a long way. Just after Katrina, Benson was referred to as Satan by a lot sports fans, now, he's the savior of the Hornets.
Posted on 4/13/12 at 9:15 am to Lexo
hope he takes over control and kicks cox out.
Posted on 4/13/12 at 9:17 am to Murtagh
All I ask is to match the color schemes, like Pittsburgh has going on.
And not be afraid to spend money on players
And not be afraid to spend money on players
Posted on 4/13/12 at 9:17 am to Lexo
quote:
Wow. We have come a long way. Just after Katrina, Benson was referred to as Satan by a lot sports fans, now, he's the savior of the Hornets.
I've given Benson a lot of shite over the years. I hated his guts at the time.
But it SEEMS like he's a bit of changed man in recent years. After he got slapped down I think, and from what I hear from people, he has started to think about his legacy. He now knows his life is nearing its end and wants to be remembered as one of the greats in New Orleans history.
Posted on 4/13/12 at 9:18 am to wope
:nana: :nana: :nana: :nana: :nana: :nana: :nana: :nana: :nana:
Posted on 4/13/12 at 9:22 am to Fun Bunch
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
LINK
Posted on 4/13/12 at 9:24 am to VOR
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 on 4/13/12 at 9:26 am to wope
Posted on 4/13/12 at 9:27 am to VOR
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.
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 on 4/13/12 at 9:28 am to Murtagh
quote:
hope he takes over control and kicks cox out.
I don't think he should kick cox out, but he should definitely restructure their deal to require it be shown in a 100 mile radius or something.
Posted on 4/13/12 at 9:29 am to ThePurpleHornet
quote:
ThePurpleHornet
You shouldn't be happy, you're probably about to get downsized, that's what happens with big corporate mergers. The BeeZanies will probably be replaced by these guys
Posted on 4/13/12 at 9:31 am to TigerinATL
quote:
Translation: Chouest was too cheap to buy the team
I think this is an unfair characterization. There is a thin line between cheap and business savvy.
Posted on 4/13/12 at 9:31 am to Jester
quote:
I think this is an unfair characterization.
I agree, I just couldn't think of a better word. Chouest definitely deserves our thanks because he helped keep the team here.
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