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this is a discussion within the Pelicans Community Forum; In what could become an offseason of significant change for the franchise, New Orleans Hornets owner George Shinn might consider selling his majority share he has controlled since the team's inception in 1988. Hornets' officials on Tuesday would neither confirm ...
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04-07-2010, 12:16 PM | #1 |
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New Orleans Hornets owner George Shinn might consider selling his controlling interest
In what could become an offseason of significant change for the franchise, New Orleans Hornets owner George Shinn might consider selling his majority share he has controlled since the team's inception in 1988.
Hornets' officials on Tuesday would neither confirm nor deny that Shinn is interested in selling his share to minority owner Gary Chouest, who in 2007 purchased a 25-percent stake in the NBA franchise for $62 million. Hornets spokesman Harold Kaufman said via e-mail Tuesday that Shinn's ownership stake, the coaching situation as well as many other issues will be addressed after the season ends. The Hornets close the regular season April 14 at Houston. New Orleans Hornets owner George Shinn might consider selling his controlling interest | - NOLA.com |
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