Updated: February 14, 2012, 7:10 am ET

Hornets Narrow Potential Owners List

By HOOPSWORLD
Basketball News & NBA Rumors

Sources with knowledge of the sales discussions indicated that the list of potential suitors has been whittled from a half-dozen or so, a number acknowledged by Stern on several occasions, and that all parties have entered into confidentiality agreements regarding sales discussions.

(Jac) Sperling would offer no concrete information on individuals or groups that could still be actively negotiating.

Former Hornets minority owner Gary Chouest, whose agreement in principle to buy the team from founding owner George Shinn twice fell through at the final hour, necessitating league intervention in December 2010, is said to be among the prospective buyers, while Saints owner Tom Benson and a group of West Coast investors fronted by former NBA coach and executive Mike Dunleavy have also been reportedly interested.

Sperling said potential investors are unconcerned with the team’s present difficulties, preferring instead to focus on the possibilities.

via Jimmy Smith of The Times-Picayune

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