New Orleans Hornets To Become First Team To Be Owned By The NBA

The New Orleans Hornets are set to become the first franchise in NBA history to be owned by the league, said reports. The team’s owner George Shinn has agreed to sell the club to the NBA, and it could be finalized within a couple days. Sources told ESPN.com that the NBA’s plans to take temporary control of the Hornets are “100 percent” confirmed, and will be announced once the deal is done…
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