Found April 13, 2012 on
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The Saints say the NFL team's owner Tom Benson has bought the New Orleans Hornets from the NBA.
The team said on Twitter Friday they are ''thrilled'' to confirm ''Tom Benson as the new owner of the New Orleans (at)Hornets!''
A person familiar with the deal says the purchase price is $338 million. The person spoke to The Associated Press on condition...
Tom Benson is the new owner of the New Orleans Hornets, which he purchased from the NBA for a reportedly $388 million.
The Saints owner did want anyone to buy the team and move it to a new city so he decided to pay the asking price to keep the team in New Orleans.
Benson told the Times-Picayune that he wants a new name to better fit the city. Here is what Benson Said:
It was announced this morning that New Orleans Saints owner Tom Benson will be purchasing the NBA’s New Orleans Hornets.
The official price tag: $338 million
NBA Commissioner Stern announced the deal today in Manhattan.
Isn’t this a conflict of interest?
Saints owner Tom Benson bought the New Orleans Hornets. Should Saints fans be concerned about his divided attention? (Photo...
Since 2010, the New Orleans Hornets have been owned by the NBA, which has led to some poor decisions and conspiracy theories. It looks like the league’s control over the team may finally be over.
Tom Benson, current owner of the New Orleans Saints, is set to buy the Hornets for $338 billion.
“[USA Today reporter Jeff] Zillgitt reports that the essentials of the sale have been...
The New Orleans Hornets will stay in the city of New Orleans, as it's being reported that the team was just bought by the owner of the New Orleans Saints -- Tom Benson.According to Yahoo Sports, the Hornets made the announcment (via) Twitter Friday morning as they are saying that they're "thrilled" to confirm "Tom Benson as the new owner of the New Orleans...
The New Orleans Hornets finally have a new owner and won’t be leaving the city. NBA.com’s David Aldridge has reported that New Orleans Saints owner, Tom Benson will personally purchase the team for $338 million. That’s a profit of $20 million for the NBA who purchased the team in December 2010. Benson will have to [...]
A person familiar with the deal says the NBA has agreed to sell the New Orleans Hornets to Saints owner Tom Benson for $338 million.
The person spoke to The Associated Press Friday on condition of anonymity because the deal has not been announced.
The NBA has been trying to sell the Hornets since making the unprecedented move to buy the club from founder George Shinn in December...
Saints' owner Tom Benson will reportedly purchase the New Orleans Hornets.
New Orleans Saints owner Tom Benson just became a dual sport owner, purchasing the New Orleans Hornets of the NBA yesterday for approximately $338 million. After turning around a team once referred to as the “Aints” and bringing the city a championship with a Super Bowl a few years back, Benson will try to make the Hornets relevant.
But if he doesn’t work out a...
The NBA Board of Governors accepted an offer Friday from Saints
owner Tom Benson to buy the New Orleans Hornets from the league,
the Times-Picayune reported.
Friday was both a great day for the NBA and a sad one. First Commissioner David Stern announced that New Orleans Saints' owner Tom Benson had purchased the New Orleans Hornets. Then Stern announced that the Maloof Brothers had more or less taken a dump on the city of Sacramento, Mayor Kevin Johnson and most importantly thousands of loyal Kings fans by backing out of arena...