Menu
Franchises

Hornets Chair Says Current Place In Standings Not Affecting Sale Of Team

Hornets Chair Jac Sperling said that the team’s ranking at the bottom of the Western Conference standings "will not impact the expected sale of the Hornets to a private investor or group,” according to Jimmy Smith of the New Orleans TIMES-PICAYUNE. Sperling yesterday said that the team “will soon change hands from league ownership with an eye toward future stability and better on-court results.” Sperling: “I think the (new) owner, like our fans, is looking in the long term here.” Sources indicated that the list of potential suitors “has been whittled from a half-dozen or so, a number acknowledged by [NBA Commissioner David] Stern on several occasions, and that all parties have entered into confidentiality agreements regarding sales discussions.” Former Hornets minority Owner Gary Chouest is “said to be among the prospective buyers, while Saints owner Tom Benson and a group of West Coast investors fronted by former NBA coach and executive Mike Dunleavy have also been reportedly interested.” Sperling said that potential investors are “unconcerned with the team’s present difficulties, preferring instead to focus on the possibilities.” Sperling: “I’d say they’re looking at the future. I think, all of us (are)" (New Orleans TIMES-PICAYUNE, 2/14).

MANAGEMENT TRAINING: In Dallas, Brad Townsend noted Mavericks Owner Mark Cuban “continues to maintain” that G Chris Paul’s trade from the NBA-owned Hornets to the Clippers “was an equally poor decision, if not worse, than the trade that got vetoed” for Paul to go to the Lakers. Cuban: "I don't think it was about the Lakers, per se. I think it was about the way they did the deal, which was ridiculous. I don't think it was about which team. It was the fact that we just went through this whole CBA and said that the incumbent team has the advantage -- and then the team the league owns (chickened) out. Look how it's worked out for them.” He added, "Bad management gets you bad results" (DALLASNEWS.com, 2/13).

SBJ Morning Buzzcast: April 24, 2024

Bears set to tell their story; WNBA teams seeing box-office surge; Orlando gets green light on $500M mixed-use plan

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2012/02/14/Franchises/Hornets.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2012/02/14/Franchises/Hornets.aspx

CLOSE