George Shinn News
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Two financial deals that kept the National Football League playing in the Superdome, allowing New Orleans to host a 10th Super Bowl, were expensive for taxpayers and enriched Saints owner Tom Benson, said former Louisiana Governor Kathleen Blanco.
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The National Basketball Association team in New Orleans will change its name to the Pelicans after this season to “represent the culture and resolve of the Gulf Coast region.”
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The National Basketball Association has reached an agreement to purchase the New Orleans Hornets from George Shinn and oversee a sale to a more permanent owner, the Associated Press reported.
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The National Basketball Association said it would buy the New Orleans Hornets after owner George Shinn cited financial troubles and unsuccessful negotiations with minority owner Gary Chouest.
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The National Basketball Association completed its acquisition of the New Orleans Hornets, whose owner George Shinn was forced to sell the franchise due to financial troubles.
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Minority owner Gary Chouest has reached an agreement to purchase the remaining 75 percent of the New Orleans Hornets from George Shinn, the Times-Picayune reported, citing unidentified people in the National Basketball Association.
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For some, seeing Kevin Durant slice through the Lakers en route to the rim must have sparked memories of high-flying fellas with nicknames like “The Glide,” “The Human Highlight Film” or, for those in Seattle, “The Rain Man.”
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The owner of the National Football League’s Saints has agreed to buy the New Orleans Hornets from the National Basketball Association, while an arena deal to keep the Kings in Sacramento collapsed.
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Fred Wilpon once offered his pal, Bernie Madoff, an ownership stake in baseball’s New York Mets. The response was no.
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The purchase of the National Basketball Association’s New Orleans Hornets by Tom Benson was completed following approval by the league’s Board of Governors.
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