Saints, Hornets Owed $27.5m in Payments
Deseret News (Salt Lake City) › February 11, 2009
Linked as:
Summary
BATON ROUGE, La. -- An executive with the group that oversees the Louisiana Superdome and New Orleans Arena warned lawmakers Tuesday the state must find $27.5 million next year to fulfill contracts that keep the Saints and Hornets in New Orleans.
The state pays the two pro teams each year to retain the clubs, subsidies the team owners have said are needed to make operating in the relatively small New Orleans market worthwhile.See the full content of this document
Extract
Saints, Hornets Owed $27.5m in Payments
The money comes from the budget of the Louisiana Stadium an...
See the full content of this document
Sponsored links
