The New Orleans Hornets are currently in fire-sale mode as they rid themselves of Tyson Chandler to receive Joe Smith, A Wilcox, and rights of an NBDL player. We all know that the economy has been in tank and New Orleans is rebuilding after Katrina and the failures of the New Orleans Saints.
Hornets owner George Shinn might play the NBA version of Wayne Huizenga and start the fire-sale and in a way would not surprise me the least bit. Why should a team stay in a struggling city? I know that economic times are tough but unless Shinn is currently eating out paper bag; he could have found the money to keep Chandler and maybe make a move.
If the Oklahoma City Thunder can trade for someone in one of the smallest markets, why couldn’t the Hornets keep the player? It completely boggles my mind that the Hornets continue to make money. The rest of the city is somewhat still in shambles over three years after the Hurricane has pass through. Shinn wanted out of Charlotte and now he probably wants to get out of New Orleans.
The whole argument is that the economy is in a downturn and I am not an accountant but seriously the owners in most professional sports seem to be relatively okay.
The person that I feel sorry for the most is Chris Paul who probably has the most to gain from leaving New Orleans. He is the consummate team player who can take over games by himself and this can only discourage him from making any long-term plans at this point.
Maybe the “We’re Poor” argument might work in some lines of work but not in the NBA.