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New Orleans Saints owner to buy Hornets


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The NBA’s days as an owner of the New Orleans Hornets are drawing to a close. The league reached a tentative agreement early Friday morning with New Orleans Saints owner Tom Benson to buy the team for $338 million, according to a source with knowledge of the discussions.

 

The league chose Benson, who will be purchasing the team by himself, over a group of investors including businessman Raj Bhathal and former NBA head coach and general manager Mike Dunleavy, and former minority owner Gary Chouest, who had tried unsuccessfully to buy the team from majority owner George Shinn three years ago. The Bhathal group also included Larry Benson, Tom Benson’s younger brother.

 

The New Orleans Times Picayune first reported the sale to Tom Benson on its website this morning.

 

Finally.

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Apparently Tom Benson is considering a re-brand of the New Orleans Hornets to something more reflective of the city like the New Orleans Jazz.

Edited by Art Hues
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Definitely feeling a name change for this franchise, makes sense now that it looks like they will get revamped with a good owner like Tom Benson. Personally out of all the suggestions ive read i like New Orleans Blues or New Orleans Gators the best.

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