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By John R. Bolton
Reality calls for attaching Gaza to Egypt and the West Bank to Jordan
Topic - Gary Chouest
A potential Louisiana-based ownership group for the New Orleans Hornets is taking shape, and Gov. Bobby Jindal and Mayor Mitch Landrieu said Monday they are confident that Louisiana will be able to keep its NBA franchise.
Outgoing Hornets minority owner Gary Chouest says he remains as interested in keeping the NBA in New Orleans as he was when he first invested in the club.
NBA Commissioner David Stern confirmed on Monday that the league is proceeding with its plan to buy the New Orleans Hornets from majority owner George Shinn and minority owner Gary Chouest.
New Orleans Hornets owner George Shinn has agreed to sell the club to the NBA and the transaction could be completed within a couple days, according to a person familiar with the decision.
The NBA is looking into buying the New Orleans Hornets from George Shinn until a permanent new owner can be found, a person familiar with the discussions said.
Chouest has said since that he is still interested in being the majority stakeholder in a local ownership group.
Chouest has declined to explain why negotiations with Shinn broke down, but still has his courtside seats next to the Hornets' bench and said last week that remains interested in doing what he can to keep the team from moving.