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