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Started By
Message
re: Morris Bart as owner?
Posted on 12/7/10 at 9:00 pm to Lester Earl
Posted on 12/7/10 at 9:00 pm to Lester Earl
Morris Bart first move as part owner. Bring this guy back
1
Posted on 12/7/10 at 9:12 pm to CP3LSU25
From Larry Holder
Morris Bart as an owner?
But i do repsect the guy for trying to keep them here
quote:
I know I joke on Twitter, but the #Hornets Morris Bart tweet is no joke. How viable are his chances? I have no idea. I just know he's trying
Morris Bart as an owner?
But i do repsect the guy for trying to keep them here
This post was edited on 12/7/10 at 9:28 pm
Posted on 12/7/10 at 9:18 pm to eyeran
One of the articles I read today on nba.com said the goal of the new CBA was to have each franchise make a $10 million per year profit. I don't think it was accidental or good journalism that those terrible financial statements leaked out. The league obviously plans to use the Hornets to help make their case for the new CBA. If they are able to get anything close to what they want and the post CBA Hornets are profitable, you'll have no shortage of people trying to own them.
Posted on 12/7/10 at 9:38 pm to hendersonshands
quote:
FWIW, I only know one of those guys.
Which one? I actually forgot Bright.
Posted on 12/7/10 at 9:40 pm to glassman
Benson 
Posted on 12/7/10 at 9:55 pm to glassman
You think the goldrings would ever want to get into that, lockout or no lockout? My neighbor is a goldring and her husband is a big hornets fan.
Posted on 12/7/10 at 10:01 pm to Lester Earl
I'm intrigued by it. Know he would try to keep them here, no clue what type of owner he would be though
Posted on 12/7/10 at 10:14 pm to TigerinATL
quote:
I don't think it was accidental or good journalism that those terrible financial statements leaked out.
I heard someone on ESPN radio about 2 months ago discussing how there were 12 teams in worse financial shape that the hornets...Supposedly the Hornets were middle of the pack in far of revenue, even if they were losing money.
This was a talk about relocation and contraction. I think it was Hollinger or one of the other NBA writers. Stein maybe.
Posted on 12/7/10 at 10:20 pm to TigerinATL
I definitely buy that.
Posted on 12/7/10 at 10:27 pm to tiger band trumpet
Bart has a lot of dough, but only enough to own a percentage. That's not to say he couldn't assist in putting a group together.
glassman mentioned some heavy hitters. I'm not sure any of them, alone, is in a position to become a majority owner, but I could be wrong. However, together they could put enough to buy the team. How workable or realistic is that? Who knows?
glassman mentioned some heavy hitters. I'm not sure any of them, alone, is in a position to become a majority owner, but I could be wrong. However, together they could put enough to buy the team. How workable or realistic is that? Who knows?
Posted on 12/7/10 at 10:39 pm to VOR
Have we asked the NOLA residents on the O-T about purchasing a share yet? Everyone there is loaded with mansions, private jets, etc. I think the O-T could buy the team
Posted on 12/7/10 at 10:41 pm to tiger band trumpet
knee slapper
Posted on 12/7/10 at 10:42 pm to NIH
Anyone motivated/nosey enough to find out how much money Morris Bart has could get a look at his tax filings. They're public record and should give a good idea of how much $$$ he has...
Posted on 12/7/10 at 10:50 pm to TigerCLT
i would guess mid 8 figures at most... and that is prob being very generous.
I dont think people realized how loaded Choest was. Bart isnt anywhere near his level.
I dont think people realized how loaded Choest was. Bart isnt anywhere near his level.
Posted on 12/8/10 at 11:58 am to Lester Earl
The Goldrings are in the same financial neighborhood as Choest
Posted on 12/8/10 at 12:14 pm to tiger band trumpet
Great! Maybe he can bring in Dr. Plantz as a potential sponsor.
I was in-jid on Flawda Blvd, whar I in-jid my back and neck. I called Docta Plantz, I am so glad that I did.
Auto inshore ance pays r fees, and ders no payment untill yaw case is settled
I was in-jid on Flawda Blvd, whar I in-jid my back and neck. I called Docta Plantz, I am so glad that I did.
Auto inshore ance pays r fees, and ders no payment untill yaw case is settled
Posted on 12/8/10 at 2:47 pm to tiger band trumpet
Morris only wants 10%; has two other NOLA investors as well
quote:
New Orleans-based attorney Morris Bart said he is interested in purchasing a 10-percent minority share of the New Orleans Hornets if the NBA can find a local majority investor.
Bart has been a corporate partner with the franchise for the past five seasons and said he wants to help to keep the team in New Orleans.
LINK
Posted on 12/8/10 at 2:57 pm to eyeran
wonder if they are all gonna be together and buy 10% or each person will own a percentage
Posted on 12/8/10 at 5:00 pm to NorthshoreTiger76
do not be surprised if john georges gets involved in this
Posted on 12/8/10 at 5:03 pm to Bucky Goldstein
quote:
The Goldrings are in the same financial neighborhood as Choest
Wow, you really think so? I had no idea if so.
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