Hornets Talking Sale With Multiple Potential Owners

by October 16, 2011

Team chairman Jac Sperling spoke recently with the Times-Picayune. Things like “long-term lease” must have Hornets fans (and NBA fans) excited: “‘Actually, we’ve started having conversations with potential owners already. The number of potential owners has grown. I think the commissioner mentioned there were four or five, and I think the number has increased a little bit. There are some potential owners who live in New Orleans and some who live outside of New Orleans. But all of them understand that they would be buying a team that would have a long-term lease here. And that’s the goal — to extend the lease to a long-term arrangement with the state as part of finding a new owner.'”