TSN TV Schedule TSN2 TV Schedule
NBA

Benson officially takes control of Hornets from the NBA

{eot}
Associated Press
6/15/2012 7:26:02 PM
Decrease Text SizeIncrease Text Size
Text Size

NEW ORLEANS -- Saints owner Tom Benson has officially gained control of the New Orleans Hornets from the NBA.

The completion Friday of the $338 million sale of the NBA club comes two days after the league's board of governors approved the decision to sell to Benson. As part of the deal, Louisiana Gov. Bobby Jindal has approved the Hornets' lease extension at the state-owned New Orleans Arena, which runs through 2024 and provides for $50 million in improvements.

Benson agreed in April to buy the Hornets. The team had been owned by the NBA since December of 2010.

The Hornets recently have been awarded the top pick in the June 28 NBA draft and are expected to select Kentucky's Anthony Davis. New Orleans also has the 10th overall pick.

Tom Benson (Photo: Layne Murdoch/NBAE/Getty Images)

zoom

(Photo: Layne Murdoch/NBAE/Getty Images)
Share This

Share This

Add to FacebookAdd to DiggAdd to FarkAdd to TwitterAdd to Stumble UponAdd to Reddit
Print this Story


Big Tour

A Historic Event

It was Canada's night at the NBA Draft as four players from north of the border were selected.


1. Andrew Wiggins - Cavaliers

8. Nik Stauskas - Kings

18. Tyler Ennis - Suns

45. Dwight Powell - Hornets


2014 NBA Draft Tracker

Social Media
twitter icon

Follow the Raptors and Raptor play-by-play man Matt Devlin on Twitter! Check out the latest Tweets!

Podcasts

TSN 1050: 1On1 With Will & Duane - July 20th 2014

Will & Duane are Wiggin' out on the LBJ-Love Triangle, Canada Basketball team dilemma, Summer League Love/Hate & the News, Views & Truths

TSN 1050 Toronto: Game Night with Andy McNamara - Will Strickland - July 20

Will joins the show to chat some hoops during a busy NBA offseason. Wiggins/Love talks, LeBron's return to Cleveland & what the Raptors accomplished.

TSN 1050: 1on1 with Will and Duane: July 13th 2014

LeBron comes home, NBA TV Canada's Akil Augustine checks in from Vegas, signing season begins, Will & Duane name their Free Agency Winners & Losers.


More Podcasts

© 2014
All rights reserved.
Bell Media Television