Plenty of bidders, Hornets not leaving Big Easy anytime soon
What happens in New York this week has a lot more to do with the long-term viability of the Hornets in New Orleans than anything else. Revenue sharing among owners and how the new salary system works — and if it means the Hornets really can keep Chris Paul — are at the heart of New Orleans ability to survive in its market.
But while those issues, more and more people are lining up to buy the team — and it’s not going anywhere.
That’s what league-appointed team president Jac Sperling told the Times-Picayune.
The league is still negotiating a lease extension at a better rent, something else the new owner will inherit.
We could have a discussion about whether what the NBA needs to do is move out of struggling markets to stronger ones. Frankly, the owners should be having that conversation. But for now, Hornets fans don’t need to worry about their team moving for a while.