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Succession plan in place for New Orleans Saints and Pelicans to remain with Tom Benson's family

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Old 03-29-2014, 08:25 PM   #1
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Succession plan in place for New Orleans Saints and Pelicans to remain with Tom Benson's family

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Old 03-29-2014, 08:52 PM   #2
 
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Re: Succession plan in place for New Orleans Saints and Pelicans to remain with Tom Benson's family

It's called a Living Trust. If you have a certain amount of assets, as Mr. Benson does, it's the only way to not get raped by the death tax.
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Old 03-29-2014, 09:30 PM   #3
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Re: Succession plan in place for New Orleans Saints and Pelicans to remain with Tom Benson's family

So I guess they are giving it to his daughter. I don't know enough about the family to know if this is a good thing, but I think I heard someone say that he has been grooming her to take over? Sounds like a good thing if so.
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Old 03-29-2014, 09:36 PM   #4
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Re: Succession plan in place for New Orleans Saints and Pelicans to remain with Tom Benson's family

Adopted Granddaughter, but every bit as close as blood.
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Old 03-30-2014, 07:48 AM   #5
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Succession plan in place for New Orleans Saints and Pelicans to remain with T...

Anyone with more knowledge of the rest of the league know if a family member succeeding a fallen NFL owner turned out well?

There is a hell of a lot of wisdom in Benson's years, notably his decision to not interfere. Successors usually come in with the mind that they saw problems for years and now have a change to fix them and make things "better".... Like moving the team. Rarely works out for the better.

In split inherited ownership someone always wants to cash out.

Live long and prosper Tom. I foresee your loss being bigger than Payton, Loomis, or Brees.

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Old 03-30-2014, 10:39 AM   #6
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Re: Succession plan in place for New Orleans Saints and Pelicans to remain with Tom Benson's family

The Saints' heir apparent are Renee Benson their adopted daughter and her children Rita Benson LeBlanc and Ryan LeBlanc

that would have been better wording.

Last edited by hagan714; 03-30-2014 at 10:42 AM..
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