Uh-oh. Looks like Pack was right again.
Let's see Stern and Company stiff arm a prominant African American business man with an impeccable reputation and more bank than George and Ray put together.
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Uh-oh. Looks like Pack was right again.
Let's see Stern and Company stiff arm a prominant African American business man with an impeccable reputation and more bank than George and Ray put together.
Here's the article.
So even though Shinn turned him down this will be something for the owners to chew on. I'm sure the offer was for $200 million plus.
I think the odds just went back to 50/50.
Big news, whoop-de-f'ing-do. Here's the prime quote:
“He [Shinn]told me himself personally that the team is not for sale,” Johnson said in a telephone interview with The Observer. “I figured that making an offer and putting it in writing to him, he has the right to say no. But I wanted him to know that if he ever became a willing seller, I’m definitely a willing buyer and am able to move very quickly.”
If a team is not for sale, the NBA cannot do anything about it. Keep dreaming. Johnson would do better making an offer to buy the Magic - they are for sale - rather than try to come in on what Charlotte hopes is a fire sale.
Every team in the NBA is for sale. All you need is the right amount of money.
If this was the "mystery buyer" it looks like it is over for Charlotte.
I would tend to think just the opposite. Who do you think it would take then?Quote:
Originally posted by HORNETSFAN
If this was the "mystery buyer" it looks like it is over for Charlotte.
Actually, you can offer all the money in the world and if the owner says no, tuff sh**. You people in CLT have said it enough, you hate Shinn and Shinn hates you, so why would he even want to sell to someone who would keep the team in CLT and make you happy? :pQuote:
Originally posted by izzydean
Every team in the NBA is for sale. All you need is the right amount of money.
The NBA owners can't make him sell but they can sure as heck make him stay.
Like I said, 50/50.
Exactly what I was thinking. The hopes of CLT rested on Shinn and Wooldridge willingly selling the team. Johnson's efforts were done only to make a qualifying offer (and hope the NBA rejects the relocation application) and not to "bowl" over the Hornets owners in an effort to convince them to sell the team. This was the wrong approach to take but the only one that any sensible businessman would take. No one is going to pay the amount that it would take to get Shinn and Wooldridge to sell. IMHO, it's over. I'd like to hear some CLT poster's reactions on this.Quote:
Originally posted by HORNETSFAN
If this was the "mystery buyer" it looks like it is over for Charlotte.
All I'm saying is that you can never say a team is not for sale. Even Shinn has said that a long time ago. He also said the team would be staying in CLT. So, just because he said he wouldn't sell, its not written in stone.Quote:
Originally posted by say-what
Actually, you can offer all the money in the world and if the owner says no, tuff sh**. You people in CLT have said it enough, you hate Shinn and Shinn hates you, so why would he even want to sell to someone who would keep the team in CLT and make you happy? :p
Did you not read that Shinn turned him down? Do you think the NBA is going to jump in now and say "no Shinn you have to sell and we are going to make you"? Uh, NO! Unless they want a nasty lawsuit.Quote:
Originally posted by izzydean
I would tend to think just the opposite. Who do you think it would take then?
Not going to happen if the city won't deal with the owner. The NBA has stated they won't do anything to alienate their owners.:pQuote:
Originally posted by gumbomunky
The NBA owners can't make him sell but they can sure as heck make him stay.
Like I said, 50/50.
Only a NO fan would criticize someone for making an offer to buy the Hornets. Of course that isnt suprising at all. I don't think any of this was unexpected. We will just have to wait and see how it plays out.Quote:
Originally posted by spongey
Exactly what I was thinking. The hopes of CLT rested on Shinn and Wooldridge willingly selling the team. Johnson's efforts were done only to make a qualifying offer (and hope the NBA rejects the relocation application) and not to "bowl" over the Hornets owners in an effort to convince them to sell the team. This was the wrong approach to take but the only one that any sensible businessman would take. No one is going to pay the amount that it would take to get Shinn and Wooldridge to sell. IMHO, it's over. I'd like to hear some CLT poster's reactions on this.
The NBA isnt going to force anyone to sell. I never said they would. Who said that that offer was the only offer that will be made? Whether or not the relocation is denied or not is another question. Unless you personally know the relocation committee, I don't think you can speak for them. This just adds another thing to the list for the relocation commitee to look at.Quote:
Originally posted by HORNETSFAN
Did you not read that Shinn turned him down? Do you think the NBA is going to jump in now and say "no Shinn you have to sell and we are going to make you"? Uh, NO! Unless they want a nasty lawsuit.
I wasn't criticizing him making an offer. I criticized his methods. It's clear that he only made the offer (which is surely in excess of $200 million) to satisfy one part of the "3 things Charlotte must do". He did not make an offer to blow the Hornets owners away with the amount. I don't blame him for this because no sensible businessman would do that. But it's clear that this offer is nothing more than an offer to keep CLT in the race and hope the NBA turns down the application.Quote:
Originally posted by izzydean
Only a NO fan would criticize someone for making an offer to buy the Hornets. Of course that isnt suprising at all. I don't think any of this was unexpected. We will just have to wait and see how it plays out.
Yeah, I wouldn't put a whole lot of faith in anything Shinn says about anything. He is a proven liar.
As far as the strategy of making a qualifying offer, I don't see the flaws? It's been stated by the NBA that for the committee to recommend a "No" vote that an arena plan had to be in place and there had to be a fair market value offer to Shinnridge.
By my count, both of those things have happened.
Plus you have Johnson's stature as a respected businessman versus the questionable character of Shinn.
Johnson = Great PR for the NBA
Shinn = PR nightmare
Is it over? Not by a long shot. Has it gotten better for Charlotte? I think so.
How do you personally know this spongey? Do you claim to know the details of this deal based on this small article.Quote:
Originally posted by spongey
I wasn't criticizing him making an offer. I criticized his methods. It's clear that he only made the offer (which is surely in excess of $200 million) to satisfy one part of the "3 things Charlotte must do". He did not make an offer to blow the Hornets owners away with the amount. I don't blame him for this because no sensible businessman would do that. But it's clear that this offer is nothing more than an offer to keep CLT in the race and hope the NBA turns down the application.
He's not criticizing the man for making an offer, he is criticizing Charlotte on its approach. Rather than fight to keep their team by authorizing the construction of an arena no strings attached, they pin their hopes at saving the team by alienating the other NBA owners with their misguided attempt to force Shinn & Wooldridge to sell unwillingly (a forced sale never occurs at fair market value) and then run them out of town. Way to go Charlotte - good try, but too little, too late.Quote:
Originally posted by izzydean
Only a NO fan would criticize someone for making an offer to buy the Hornets. Of course that isnt suprising at all. I don't think any of this was unexpected. We will just have to wait and see how it plays out.
Why are you blaming Charlotte for this? Maybe the man decided to make an offer on his own. You NO posters are so good at trying to make everthing that may hurt your chances look bad.Quote:
Originally posted by say-what
He's not criticizing the man for making an offer, he is criticizing Charlotte on its approach. Rather than fight to keep their team by authorizing the construction of an arena no strings attached, they pin their hopes at saving the team by alienating the other NBA owners with their misguided attempt to force Shinn & Wooldridge to sell unwillingly (a forced sale never occurs at fair market value) and then run them out of town. Way to go Charlotte - good try, but too little, too late.
This move has been a done deal since the Charlotte leadership put that stupid "no deal without new ownership" clause in the arena package. They said they'd remove it, the league said don't bother. No way do the other owners want to let that precedent be set. This offer for the team and any others that may come after it are just window dressing so the city can try and save face.
Why even bother selling tickets season tickets in NO. The move has obviously been already approved then.Quote:
Originally posted by Adam the Legend
This move has been a done deal since the Charlotte leadership put that stupid "no deal without new ownership" clause in the arena package. They said they'd remove it, the league said don't bother. No way do the other owners want to let that precedent be set. This offer for the team and any others that may come after it are just window dressing so the city can try and save face.
Hey, we still have to do our part, but your mayor and city council killed Charlotte's chances weeks ago.
Um, because we are buying tickets for our new basketball team? Because people buy tickets to support a team? Now I see why they are leaving. Charlottans think you DON'T buy tickets if you have a team.Quote:
Originally posted by izzydean
Why even bother selling tickets season tickets in NO. The move has obviously been already approved then.
How you know this to be true is beyond me. And from the looks of things NO isn't exactly blowing away the competition.Quote:
Originally posted by Adam the Legend
Hey, we still have to do our part, but your mayor and city council killed Charlotte's chances weeks ago.
Its wonderful to see intelligent posts such as yours. NO must be proud.Quote:
Originally posted by Ellis Hugh
Um, because we are buying tickets for our new basketball team? Because people buy tickets to support a team? Now I see why they are leaving. Charlottans think you DON'T buy tickets if you have a team.
Yes, we are PROUD of our NEW ORLEANS HORNETSQuote:
Originally posted by izzydean
Its wonderful to see intelligent posts such as yours. NO must be proud.
I've always blamed Charlotte for the predicament they find themselves in now. I don't blame them for trying to dig out of their hole and this most likely isn't even a part of the city's effort to put together a group to make an offer. Johnson saw an opportunity and went for it. It did not work. As for Charlotte's overall plan, it was doomed from the start.Quote:
Originally posted by izzydean
Why are you blaming Charlotte for this? Maybe the man decided to make an offer on his own. You NO posters are so good at trying to make everthing that may hurt your chances look bad.
Quote:
Actually, you can offer all the money in the world and if the owner says no, tuff sh**. You people in CLT have said it enough, you hate Shinn and Shinn hates you, so why would he even want to sell to someone who would keep the team in CLT and make you happy?
It is already a debated issues on why there are not more African American Coaches in the league. Are you telling me the league has a chance of having an African American owner and they are not going to encourage it? The only question now is what are you trying to say: That the NBA is racist or New Orleans?
Its just a shame that there's only a couple of you in NO who feel that way.Quote:
Originally posted by Ellis Hugh
Yes, we are PROUD of our NEW ORLEANS HORNETS
Oh, way to play the race card. I never said that this man's ownership wouldn't be good for the league. This apparently is not the team for him. When he or any other African-American becomes a majority owner it will be great for the NBA. But the NBA cannot force this sale. They could not force Shinn to sell to Michael Jordan and they cannot force him to sell now - not to anyone period!Quote:
Originally posted by originalbugs
It is already a debated issues on why there are not more African American Coaches in the league. Are you telling me the league has a chance of having an African American owner and they are not going to encourage it? The only question now is what are you trying to say: That the NBA is racist or New Orleans?
Well there are more of us proud of our New Orleans Hornets than there are of you proud of your Charlotte Hornets! :pQuote:
Originally posted by izzydean
Its just a shame that there's only a couple of you in NO who feel that way.
[It's been stated by the NBA that for the committee to recommend a "No" vote that an arena plan had to be in place and there had to be a fair market value offer to Shinnridge.]
But Russ Granik said that he hasn't told ANYONE that they need an offer of $200 million.
:) If you only knew how funny that really is.Quote:
Originally posted by say-what
Well there are more of us proud of our New Orleans Hornets than there are of you proud of your Charlotte Hornets! :p
All of this fighting back and forth is missing the big question. Is Johnson the ownership group we keep hearing about? If so, are the Charlotte leaders still going to hold a press conference or did this take the wind out of their sales that Shinn has already said no?
Oooo, Oooo, I can hear it now from Charlotte. This is all part of the Shinnridge conspiracy. He aksed Johnson to make an offer just so he could turn it down and emphasize the point to Charlotte that if he can turn down an offer from one of the most influential African-Americans in the country, then their group has no chance.Quote:
Originally posted by Dr. Sting
All of this fighting back and forth is missing the big question. Is Johnson the ownership group we keep hearing about? If so, are the Charlotte leaders still going to hold a press conference or did this take the wind out of their sales that Shinn has already said no?
ROTFLMAO
Seriously, I don't think this has anything to do with Schwab's mystery group.
And I do think Robert Johnson could be a very good owner for any team - just not the Hornets prior to their move to New Orleans.
Actually its the perfect team for him. Why wait when the oppurtuninty presents itself right now? Lets just wait a few more 50 years. The NBA doesnt have to recieve the image of teams moving around and gets a African American owner in the process. Thats a win-win. We will see whos racist when the board and owners vote. You've already stated your position against it.Quote:
Oh, way to play the race card. I never said that this man's ownership wouldn't be good for the league. This apparently is not the team for him. When he or any other African-American becomes a majority owner it will be great for the NBA. But the NBA cannot force this sale. They could not force Shinn to sell to Michael Jordan and they cannot force him to sell now - not to anyone period!
I havent heard yet, but I would assume that Johnson made this offer on his own. And now, he will probaly work with CLT business leaders to sweeten the pot.Quote:
Originally posted by Dr. Sting
All of this fighting back and forth is missing the big question. Is Johnson the ownership group we keep hearing about? If so, are the Charlotte leaders still going to hold a press conference or did this take the wind out of their sales that Shinn has already said no?
I just don't see the NBA forcing any of it's owners to sell to anyone. Bad precedent, "racism" has nothing to do with it, business does. So I guess if I or anyone else is against this purchase, we are deemed racist by your reasoning. Talk about faulty logic. Just watch who you imply as being a racist, you know nothing about me or anyone else on this board. For all you know, any one of us could be African-American.Quote:
Originally posted by originalbugs
Actually its the perfect team for him. Why wait when the oppurtuninty presents itself right now? Lets just wait a few more 50 years. The NBA doesnt have to recieve the image of teams moving around and gets a African American owner in the process. Thats a win-win. We will see whos racist when the board and owners vote. You've already stated your position against it.
I don't remember anyone ever saying that with this offer the NBA was going to force the sale of the team. I believe they wanted a buyer available so they would have an option if they blocked the move and Shinn/Woolridge wouldn't stay in Charlotte. I don't think this was the big offer I think this was part of it though. Enough to make issues in the decision. I believe its 50/50!
HUGH....By meerily looking at the number of ticket sales...I would tend to disagree....I will say that of the NO posters on this site, you are correct...You guys love the Hornets...But what counts is the city of NO and from where I am watching....the desire and drive is not there..Quote:
Originally posted by Ellis Hugh
Yes, we are PROUD of our NEW ORLEANS HORNETS
You can have them. They will move back in a few years when your arena isnt state of the art anymore and your tax payers dont want to foot the bill for scummy owners.
To put into perspective what you are getting in Shinn, think about how he would not take in Michael Jordan as a majority partner. He could have sat back and just watched the money pour in, recieved his new arena, and been more popular then ever.
Quote:
Originally posted by say-what
Well there are more of us proud of our New Orleans Hornets than there are of you proud of your Charlotte Hornets! :p
Geesh what are we twelve, geesh whats next!?
Honestly Say-What....I know you are probably kidding, but if not, it's comments like this that make CLT posters want to laugh and make fun of NO....Sure, take our team, I'll even help them pack, but when the sun goes down and the dust settles, you will have your team and we will have the last laugh....Quote:
Originally posted by say-what
Well there are more of us proud of our New Orleans Hornets than there are of you proud of your Charlotte Hornets! :p
Considering that the pace of the N.O. sales is better than it was for Charlotte when Charlotte was trying to get an expansion team, I think we are OK.Quote:
Originally posted by SouthernTater
HUGH....By meerily looking at the number of ticket sales...I would tend to disagree....I will say that of the NO posters on this site, you are correct...You guys love the Hornets...But what counts is the city of NO and from where I am watching....the desire and drive is not there..
{WARNING - STOP THE RACISM REMARKS}Quote:
Geesh what are we twelve, geesh whats next!?
What does it say about Charlotteans when as soon as an African American supposedly offers to buy a team, they spout off that it is racism if the NBA does not force a sale to him. Give me a break!
Charlotte sales picked up quite significantly, after learning they were guaranteed a team. According to everybody in here, it is inevitable that the Charlotte Hornets are coming to New Orleans, yet nobody buys tickets.Quote:
Considering that the pace of the N.O. sales is better than it was for Charlotte when Charlotte was trying to get an expansion team, I think we are OK.
No and if you knew anything about me, you would know that I would never stand for that on these boards. That's the first thing that causes me to report a post to a moderator - here and in Charlotte (and yes they do moderate over at Charlotte I am pleased to say, just a little looser on the smack talk)Quote:
Originally posted by originalbugs
Original post edited by moderators for racism remarks.
originalbugs, if all you are here to do is stir the racism pot, then you are not welcome. how does say-what saying "we are more proud of our hornets than charlotte is" have ANYTHING at all do with race?
for everyone else, i suggest we ignore him. if we do so, he'll go away.