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Old 04-09-2010, 02:35 PM   #5
Copperhead
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Default Re: Shinn selling to Chouest?

Quote:
George Shinn's sale of New Orleans Hornets will be good for him and for franchise

This is good for George Shinn.

This is good for the New Orleans Hornets.

"This" being the pending sale of the Hornets, from majority owner Shinn to minority owner Gary Chouest, from the only owner the Hornets ever have had and whose business has been the Hornets, to the billionaire minority owner whose wealth isn't linked to an NBA franchise and whose deep pockets should bode well for the Hornets' future in New Orleans.

Shinn, who reportedly is ready to get out of the business largely because of the recently-heightened awareness of his mortality, brought on by a successful fight with prostate cancer, has not been a bad owner in New Orleans, contrary to popular opinion.

Could he have been better? Of course, just as Jerry Buss probably would say he could've done things better with the Lakers.

But all of us who complain that Shinn hasn't opened his wallet wide enough first might want to ask ourselves how wide we'd be willing to open our own wallet if we were running a franchise out of it.

Then, we might consider the fact that New Orleans' star players have been paid on par with other NBA star players.

Maximum contracts have been awarded to players who have been deserving of that compensation, and Coach Byron Scott wasn't exactly working for free when he was with the Hornets. After resurrecting the Hornets and being named Coach of the Year, Scott was making a salary on par with his status and accomplishments.

Even this season, as the Hornets shaved payroll in order to remain under the luxury tax threshold, it didn't hurt the on-court product. Discarded players Devin Brown, Rasual Butler, Bobby Brown and Hilton Armstrong wouldn't have helped lead the Hornets to the playoffs if they'd been retained.

Now, if you want to argue that Shinn's money has gone into the accounts of the wrong players - Baron Davis, Jamal Mashburn, Peja Stojakovic, Morris Peterson, Mike James, Antonio Daniels - have at it. Like many franchises, the Hornets haven't always spent wisely on players.

http://www.nola.com/hornets/index.ss..._new_orle.html
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