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Gary Chouest

  1. Gary Chouest wants to keep Hornets in New Orleans, so long as he doesn’t have to buy team

    Dec 10, 2010, 10:13 PM EDT

    Detroit Pistons v New Orleans Hornets

    Gary Chouest was oh, so close to buying the New Orleans Hornets. He already had 25 percent and was going to buy out the rest from George Shinn. Then he got a better look at the $83 million in debt they had, or his business supplying vessels to the off-shore gulf oil industry took a…

  2. More bad financial news about Hornets, like every day that ends in “Y”

    Dec 9, 2010, 11:01 AM EDT

    Detroit Pistons v New Orleans Hornets

    This is starting to remind me of the bank bailouts, where once the government decided to help them out the depth of the morass just kept becoming clearer. The Hornets lost $18.24 million dollars in 2009-10, according to Jonathan Abrams at the New York Times Off The Dribble blog. And the numbers after this season…

  3. The Hornets are deep in debt – congrats on the purchase David Stern

    Dec 7, 2010, 10:11 PM EDT

    Hornets_huddle

    You knew if the New Orleans Hornets were making money George Shinn would not have been trying to sell the team (he would have done a Donald Sterling and run a team poorly for profit as long as he could). But the leaked financials of the New Orleans Hornets painted a bleak picture, team where…

  4. David Stern’s New Orleans public relations problem

    Dec 7, 2010, 1:40 PM EDT

    Image (1) davidstern-ap.jpg for post 2338

    CNBC’s sports business reporter Daren Rovell has posted laundry list of why it is a bad idea for the NBA to have taken over ownership of the New Orleans Hornets. David Stern says they plan to make a profit, but Rovell notes that right now the value of franchises is not rising and the lockout…

  5. The NBA may buy the Hornets. Yes, the situation is that bad.

    Dec 4, 2010, 12:05 PM EDT

    hornetssale

    Okay, so a lot’s happened in the last 24 hours (most of which actually happened last week, but we’ll get to that) with the ownership situation in New Orleans. The world is much different than it was two days ago. In short, the NBA is closing in on the purchase of the New Orleans Hornets…

  6. Hornets attendance slump could let them break lease, move

    Dec 1, 2010, 3:53 PM EDT

    new-orleans-hornets logo

    Wins or not, Chris Paul or not, getting people to come to New Orleans Hornets games has not been easy. Frankly, it wasn’t easy when the team was the Jazz and Pistol Pete putting on the show. Today little has changed. The current downward slump in attendance will trigger a clause in the Hornets current…

  7. Chris Paul loves David West, wants it to work in Big Easy

    Nov 26, 2010, 3:00 PM EDT

    Houston Rockets v New Orleans Hornets

    And the Chris Paul happiness train rolls on…. CP3 expounded to Ian Thompson of Sports Illustrated on a few issues, all ones that are good reasons to stay in New Orleans long term. That starts with David West. “I trust him more than anybody in this league,” Paul told me last week in New Orleans.…

  8. Hornets are winning and Chris Paul says he’s happy

    Nov 23, 2010, 8:50 AM EDT

    Miami Heat v New Orleans Hornets

    Everything looks better when you are 11-1. Your teammates are funnier, the baskets look bigger, your legs are fresher, the Gatorade doesn’t taste like flavored sweat, and your front office and coach can do no wrong. So no shock that Chris Paul says he’s happy now, like he told FanHouse. Sure, his people were pushing…

  9. Hornets’ sale down to final details. Still.

    Nov 19, 2010, 8:20 AM EDT

    new-orleans-hornets logo

    New Orleans General Manager Dell Demps spoke to the media and among the topics was the sale of the team from George Shinn to Gary Chouest — the one thing more than any that could decide the future of the franchise and if Chris Paul stays. That sale has been close but stalled since the…

  10. Saturday Starting Five: Underground storylines before the season tip

    Oct 23, 2010, 9:40 AM EDT

    howardbron

    Hey, so, you’re stuck with me on the weekends, so I thought we’d put together something you can count on. Every weekend here at PBT we’ll have the Saturday Starting Five. Five elements, chosen thematically (so I’m not just basically vomiting words onto a screen for you) and brought for discussion about the NBA. Today’s…

  11. Hornets sale not dead yet, just world’s slowest transaction

    Oct 11, 2010, 9:19 AM EDT

    Image (1) hornets_logo-thumb-250x269-11676.gif for post 1976

    Yesterday we passed along a New York Daily News report that the sale of the New Orleans Hornets was dead, but that may just have been wishful New York thinking about ways to get Chris Paul. Turns out the deal is not dead… dragging out forever, sure. But not dead. J. Michael Falgoust of the…

  12. Sale of Hornets falls through. Where does that leave Chris Paul?

    Oct 10, 2010, 3:30 PM EDT

    Image (1) chris-paul-hornets-072610jpg-70df13389f9ce9d1-thumb-250x208-18051.jpg for post 3631

    The long-stalled sale of the New Orleans Hornets now seems to officially be dead. Which may make it less likely Chris Paul gets traded in the near term. Hornets’ owner George Shinn had reached an agreement in principle to sell the team to minority owner Gary Chouest, but that deal fell through as they tried…

  13. Chris Paul says he loves New Orleans, but will it be the same next summer?

    Sep 30, 2010, 9:14 AM EDT

    Another sit down with Chris Paul, another discussion of him loving New Orleans and not looking to leave it. Right now, anyway. This time it was with ESPN’s Marc Stein, and Paul again did not discuss his trade demands from earlier in the summer. “This city here, I love it,” Paul said. “And I don’t…

  14. Hornets' sale still in dispute

    Jul 17, 2010, 9:51 PM EDT

    The New Orleans Hornets need a GM in place, immediately. Chris Paul is getting antsy, the roster could use some serious upgrades if they want to contend, and new head coach Monty Williams needs to have someone to work with on acquisitions. And the process is certainly getting there, with Dell Demps emerging as the…

  15. Hornets reach out to Kevin Pritchard to talk about GM job

    Jul 15, 2010, 6:24 PM EDT

    There is a buzz around New Orleans Hornets games at the Summer League in Las Vegas suddenly. Respected player development guys are seeing their phones ring off the hook — potential general manager candidates want to get to know the Hornets personnel. The first guy to get a shot seems to be just-fired Kevin Pritchard…

  16. Jeff Bower out as general manager of Hornets

    Jul 13, 2010, 6:34 PM EDT

    If you had to name the top five general managers in the game a year ago, Jeff Bower and Kevin Pritchard would have been on the list. Today, both are looking for a new job. Bower and the New Orleans Hornets have parted ways, which Darnell Mayberry of the Oklahoman had first and has been…

  17. Hornets say they're not trading Chris Paul, but nobody believes them

    Jul 1, 2010, 4:47 PM EDT

    The Hornets keep saying they are not trading Chris Paul, but man is there still a lot of smoke coming from that direction. Last week’s hedge-your-bets statement from team owner George Shinn — we’re not trading Chris Paul, but we’ll look at any deal that improves the team — just threw more fuel on the…

  18. Dwight Howard wants to play with Chris Paul. Jameer who?

    Jun 30, 2010, 11:59 AM EDT

    Dwight Howard wants to win. He got a taste of it, he got to the doorstep of a title two years ago. Last year, there was Boston. The retooled — good bye Hedo, hello Vince — Magic could not match up. Jameer Nelson was back and the Magic did not get as far. So Howard…

  19. Hormets owner George Shinn says Chris Paul is not going anywhere. Sort of.

    Jun 23, 2010, 1:38 PM EDT

    Once trade rumors get rolling, they are almost impossible to stop. Even when they made no sense. Like the Hornets trying to trade Chris Paul. That’s not a normal kind of insane, that’s like Charlie Manson level insane. It makes no real sense. So owner George Shinn came forward to put an end to that…

  20. Chris Paul wants to stay in New Orleans, but only if team is commits to winning

    Jun 23, 2010, 9:48 AM EDT

    Trade rumors — totally ridiculous trade rumors for the most part — are swirling around Chris Paul. But nobody asked Chris Paul about it. Well, until Chris Broussard of ESPN the Magazine did. “My first choice is to be in New Orleans,” Paul said in a telephone interview from London. “I just want to make…

  21. Memphis would like Chris Paul, too, but you can't have OJ Mayo to get him

    Jun 22, 2010, 10:15 AM EDT

    These rumors are going to be coming all day so let’s just be clear — there are 29 other teams that would like to trade for Chris Paul. Well, 30 teams that want Paul if you count incoming New Orleans Hornets owner Gary Chouest who wants CP3 to stay on his team. Once Chouest gets…

  22. Apparently everybody loves Avery Johnson, or at least a lot of GMs do

    May 21, 2010, 9:07 AM EDT

    The Little General has options. Avery Johnson is apparently a popular choice among general managers around the league and could be the guy in New Orleans or New Jersey, according to reports. The New Orleans Times Picayune reports that he is a frontrunner for that head coaching vacancy — however to return to his hometown…

  23. Is the sale of the Hornets stuck? Nah, probably just David Stern trying to speed it up.

    May 11, 2010, 5:35 PM EDT

    UPDATE: 5:35 pm: Hornets president Hugh Webber said that the ownership transition will be completed soon. A statement via Mark Spears at Yahoo. “Goal of both parties is still to finalize all the legalities and announce a deal sooner than later… Day to day execution of plans including the search for a head coach has…

  24. Hornets are not waiting in coaching search

    May 7, 2010, 9:39 AM EDT

    There are a lot of teams looking for a head coach for next season, and most are taking their time. Chicago Bulls staff said as much, while the Los Angeles Clippers have been stone silent. Not the New Orleans Hornets. They are on it. Five interviews in three days, including two more on Thursday, according…

  25. Deal reached to sell Hornets, Gary Chouest you're up

    May 3, 2010, 1:21 PM EDT

    A couple weeks after a negotiation ploy that made things sound more dire than they really were, a deal has been struck for majority owner George Shinn to sell his shares to minority owner Gary Chouest. As the news comes from NBA.com, we’re going to assume the sources are legit. The club is planning an…

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