NBA nearing take over of New Orleans Hornets' operation; source indicates David Stern's desire to keep team in New Orleans

Halo · 12-05-2010, 05:30 PM

The NBA is poised to assume ownership of the New Orleans Hornets in the next few days, and published reports have someone with local ties overseeing the transition and eventual sale of the club. Jac Sperling, vice chairman of the...

Read the full article at NOLA.com...

papz · 12-05-2010, 08:43 PM

Bye bye Hornets... we were only delaying the inevitable.

CashAndFlash · 12-06-2010, 07:39 AM

Originally Posted by papz

Bye bye Hornets... we were only delaying the inevitable.

I'm afraid you're right paps... we should know by March.

neugey · 12-06-2010, 09:00 AM

Hoping NOLA can keep the Hornets, but I find it really weird that the NBA just took control of a team a few months after Stern said they might look into contraction soon.

CashAndFlash · 12-06-2010, 09:16 AM

I don't understand the deal with contraction... I mean what, you pay like 400 million dollars to take over a team, and then just eliminate it? How does that make financial sense?

papz · 12-06-2010, 11:19 AM

It makes sense if they can move the team to a profitable market.

Halo · 12-06-2010, 01:55 PM

I still think there's a chance the Choest family will buy the team but I doubt it.

CashAndFlash · 12-06-2010, 06:59 PM

Originally Posted by Halo

I still think there's a chance the Choest family will buy the team but I doubt it.

Nobody else in town has the money except for maybe Benson and phyllis taylor....pat taylor's widow.

Halo · 12-06-2010, 07:02 PM

I'm honestly tired of the NBA and their BS. First they over-extend the league and water it down, then they're always threatening to move teams. I'm personally ready for them to leave.

They do this in mid-season, they did ZERO marketing of the team this year (or ever) and now the house will be less packed and they blame it all on the fans.

.... There is the issue of an NBA caliber arena in New Orleans still...

12-05-2010, 05:30 PM	#1
Halo Site Donor MONTHLY Join Date: May 2002 Location: New Orleans, LA Posts: 20,717 Blog Entries: 45	NBA nearing take over of New Orleans Hornets' operation; source indicates David Stern's desire to keep team in New Orleans The NBA is poised to assume ownership of the New Orleans Hornets in the next few days, and published reports have someone with local ties overseeing the transition and eventual sale of the club. Jac Sperling, vice chairman of the... Read the full article at NOLA.com...

12-06-2010, 07:39 AM	#3
CashAndFlash Banned Join Date: Apr 2010 Location: 30 miles from Paradis Posts: 602 Blog Entries: 1	Originally Posted by papz Bye bye Hornets... we were only delaying the inevitable. I'm afraid you're right paps... we should know by March.

12-06-2010, 06:59 PM	#8
CashAndFlash Banned Join Date: Apr 2010 Location: 30 miles from Paradis Posts: 602 Blog Entries: 1	Originally Posted by Halo I still think there's a chance the Choest family will buy the team but I doubt it. Nobody else in town has the money except for maybe Benson and phyllis taylor....pat taylor's widow.

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12-05-2010, 08:43 PM	#2
papz Problem? Join Date: Jan 2005 Location: New Orleans Posts: 11,753	Bye bye Hornets... we were only delaying the inevitable.

12-06-2010, 09:00 AM	#4
neugey Hu Dat! Join Date: Dec 2004 Posts: 6,714 Blog Entries: 13	Hoping NOLA can keep the Hornets, but I find it really weird that the NBA just took control of a team a few months after Stern said they might look into contraction soon.

12-06-2010, 09:16 AM	#5
CashAndFlash Banned Join Date: Apr 2010 Location: 30 miles from Paradis Posts: 602 Blog Entries: 1	I don't understand the deal with contraction... I mean what, you pay like 400 million dollars to take over a team, and then just eliminate it? How does that make financial sense?

12-06-2010, 11:19 AM	#6
papz Problem? Join Date: Jan 2005 Location: New Orleans Posts: 11,753	It makes sense if they can move the team to a profitable market.

12-06-2010, 01:55 PM	#7
Halo Site Donor MONTHLY Join Date: May 2002 Location: New Orleans, LA Posts: 20,717 Blog Entries: 45	I still think there's a chance the Choest family will buy the team but I doubt it.

12-06-2010, 07:02 PM	#9
Halo Site Donor MONTHLY Join Date: May 2002 Location: New Orleans, LA Posts: 20,717 Blog Entries: 45	I'm honestly tired of the NBA and their BS. First they over-extend the league and water it down, then they're always threatening to move teams. I'm personally ready for them to leave. They do this in mid-season, they did ZERO marketing of the team this year (or ever) and now the house will be less packed and they blame it all on the fans. .... There is the issue of an NBA caliber arena in New Orleans still...