Someone Has Finally Agreed to Buy the New Orleans Hornets From the NBA For $338 Million

Well, that certainly took long enough.

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While the Charlotte Bobcats and Washington Wizards have been ridiculed for their poor play this season, the New Orleans Hornets have quietly put together the second-worst record in the NBA. Part of that is because, frankly, they stink. They don't have enough top-notch players on their roster right now to compete night in and night out with the rest of the teams in the league. But, another reason the Hornets have been so bad is because the league currently owns the team, so they haven't really been able to make many good personnel moves over the course of the last year or so (remember the Chris Paul debacle?). But, it sounds like that might not be the case for much longer.

Hornets to be sold for $338M to Saints owner Tom Benson, per source. Story up soon on NBA.com.

Assuming the sale goes through without a hitch, it's a great move for both the Hornets and the city of New Orleans. But, yo, Tom: Does this mean Drew Brees isn't gonna get that raise he's been looking for? For the Saints sake, we sure hope not.

[via Hang Time]

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