Hornets tax break package on its way to Gov. Jindal

Halo · 05-14-2012, 08:31 PM

BATON ROUGE -- The New Orleans Hornets should get a tax break of $36.5 million over a 10-year period as part of a new deal with the state, senators said Monday.On a 28-7 vote, senators approved House Bill 1072 by...

Read the full article at NOLA.com...

jcp026 · 05-14-2012, 08:47 PM

So taxpayers have to give the Hornets money if attendance goals aren't met and find $50-60 million dollars to renovate the arena. All for a disappointing NBA franchise. What a bargain, for Tom Benson and the NBA.

alleycat_126 · 05-14-2012, 10:12 PM

They'll be met as soon as a quality product is put on the floor. Were 3-5years away from that happening.

05-14-2012, 08:31 PM	#1
Halo Site Donor MONTHLY Join Date: May 2002 Location: New Orleans, LA Posts: 20,205 Blog Entries: 45	Hornets tax break package on its way to Gov. Jindal BATON ROUGE -- The New Orleans Hornets should get a tax break of $36.5 million over a 10-year period as part of a new deal with the state, senators said Monday.On a 28-7 vote, senators approved House Bill 1072 by... Read the full article at NOLA.com...

05-14-2012, 08:47 PM	#2
jcp026 500th Post Join Date: Mar 2010 Posts: 950	So taxpayers have to give the Hornets money if attendance goals aren't met and find $50-60 million dollars to renovate the arena. All for a disappointing NBA franchise. What a bargain, for Tom Benson and the NBA.
jcp026 500th Post Join Date: Mar 2010 Posts: 950

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05-14-2012, 10:12 PM	#3
alleycat_126 1000 Posts + Join Date: Jan 2007 Location: Katy, Tx a suburb of Houston Posts: 2,089	They'll be met as soon as a quality product is put on the floor. Were 3-5years away from that happening.