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Old Posted Dec 8, 2010, 12:53 AM
EastVanMark EastVanMark is offline
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Join Date: Oct 2006
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The NBA has taken over ownership of the New Orleans Hornets and are looking for new owner(s).

The NBA has announced they purchased the New Orleans Hornets from owner George Shinn. The Hornets have struggled financially, with Shinn actively shopping the team locally without any success before finally selling to the league on Monday. The NBA will now move to sell the Hornets to a new owner.

The NBA would like to keep the franchise in New Orleans, but as we’ve seen in the past, it could all be lip-service. Perhaps we could see a bid coming from Vancouver.
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