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George Shinn

  1. Larry Ellison says he tried to buy Hornets

    Jan 6, 2011, 5:15 PM EDT

    Detroit Pistons v New Orleans Hornets

    Larry Ellison — founder of Oracle and one of the richest men walking the planet — lost out on his bid to buy the Golden State Warriors last year. (Actually, his bid might have won but it was submitted after the deadline.) He still wants an NBA team and recently tried to buy the New…

  2. Expect the Bobcats to stay the Bobcats

    Dec 31, 2010, 10:04 AM EDT

    Image (1) bobcats_logo-thumb-250x182-19284.jpg for post 3934

    At his very first press conference as owner, Michael Jordan was asked about changing the name Bobcats. There are some in Charlotte who despise that name — former owner Bob Johnson picked it and the feeling is he was naming the team after himself. Jordan said he was open to the idea, but that it…

  3. 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…

  4. 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…

  5. 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…

  6. 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…

  7. NBA confirms it is buying Hornets; players shrug.

    Dec 6, 2010, 4:52 PM EDT

    hornetssale

    The NBA finally officially confirmed Monday what had been reported for days — the league is going to take over operations of the New Orleans Hornets in the coming days. George Shinn will sell the team to the NBA — meaning the other owners will put up the money to buy him out — then…

  8. League takeover of Hornets to come by Wednesday

    Dec 5, 2010, 4:25 PM EDT

    Milwaukee Bucks v New Orleans Hornets

    It comes down to this: owner George Shinn is out of money he will spend to run the New Orleans Hornets and he can’t find a buyer. The league is going to step in and step in soon — both ESPN and Sports Illustrated are reporting the league could take over operations of the team…

  9. 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…

  10. 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…

  11. 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…

  12. 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…

  13. 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…

  14. 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…

  15. 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…

  16. Battle Royale: The three worst owners in the NBA

    Sep 18, 2010, 5:30 PM EDT

    Battle Royale takes a topic and seeks to settle the pecking order of a given subject. Today’s topic? Who’s the worst owner in the NBA? You’re only as good as your owner. After all, you can have great chefs but if your owner doesn’t know how to keep the lights on you’re going to get…

  17. 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…

  18. 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…

  19. Chris Paul must be watching Hornets management and counting the days until he can leave

    Jul 14, 2010, 1:47 PM EDT

    There is more spin going on around the New Orleans Hornets right now than in the White House press room. Here is what we know: Jeff Bower is out as general manager. And that keeping Chris Paul happy is by far the most important thing to the franchise, and they are not doing a good…

  20. 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…

  21. 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…

  22. 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…

  23. 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…

  24. 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…

  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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