New Orleans, LA POMS News Service
In a move that will surely shake up the message board wars, the partnership known as SpongeRidge is apparently on the verge of ending. Rumors out of Hattiesburg, MS, stated that the two has been going at each other necks over the last couple of weeks for control of the NewOrleansHornets.com website. Ray Wooldridge was attempting to install new servers to the site when he apparently got into a scuffle with his orge-like partner who goes by the name Spongey.
The two has signed agreements dissolving the partnership that will take effect at midnight on June 26th. At that time a new partnership will be formed between Spongey and Hornets majority owner, George Shinn. The entity will be known as SpongShinn and will be headquartered under the entrance to USM's stadium. Spongey will have full control of the website with proceeds from using the Hornets' names and logos going to Shinn.
"This is the perfect business deal," stated the monster Spongey. "I will have full access to my website. Now I'm free to show those coullions who's really in charge. They're going to regret the day they f@#%ed with me!"
Wooldridge is allegedly going to enter into a partnership with NBA commish, David Stern. The conglomerate will be known as SternRidge and will operate out of NBA headquarters in New York. "Who needs that b@*#%&d anyway," said Wooldridge, referring to Spongey. "I don't need his f#@&ing website anyway. It's too slow and it doesn't have a spell check. You call that progress? Give me a break. Stern and I are going to make tons of money having games fixed the way we want to. Don't print that."
In other Hornets news, team owners George Shinn and Ray Wooldrige are rumored to be in talks with Grandadmiral to sell him 30% of the team's ownership. Grandadmiral is the indivdual who tried to purchase the rights to NOH.com but was turned down after a hefty legal battle. His net worth is now rumored to be bordering $4.25, more than enough to buy the entire state of Louisiana. NBA insiders say that the Hornets are willing to sell ownership of the team to Grandadmiral to prevent him from bringing an expansion team to the Cane River area. Grandadmiral was in preliminary talks with Avondale Shipyard to build a floating arena that would go up and down the river during home games.
Twenty-five of the 30% will come from Shinn's 65% percent ownership of the team, with the other 5% coming from Wooldridge. This would put the ownership split at Shinn-40%; Wooldridge-30%; Grandadmiral-30%.
"This is an exciting day for the team. Having local ownership will ensure that this team will be here for a very long time," stated New Orleans Mayor Ray Nagin. "I only wish I had that much money."
"We're all still in the negotiating stage right now," quoted a jubilant-looking Grandadmiral, "but I'm very optimistic. I feel good about the situation."