News

Apr 8, 2010 3:51 PM by Letitia Walker

Hornets Owner May Sell

NEW ORLEANS (AP) - A person familiar with the situation says New

Orleans Hornets owner George Shinn is negotiating to sell his

majority stake in the NBA club to minority owner and Louisiana

native Gary Chouest.

Following Shinn's successful bout with prostate cancer, he wants

to focus on charitable work aimed at promoting early diagnosis and

treatment of cancer, the person told the Associated Press on

Thursday, speaking on the condition of anonymity because no

agreement has been signed.

Shinn, a 68-year-old self-made businessman who founded the

Hornets in 1988, also hopes to write an autobiographical book and

the person says money raised from Shinn's speaking engagements

fundraising "will be given back to causes that serve the Lord."

»Comments

»Topics in this article

Top Videos

1 2 3 4

Most Popular