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Patrick
Administrator

Joined: 16 Mar 2001
Posts: 18860
Location: Harbinger, NC, U.S.A.
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Posted: 3/27/2001, 9:20 am Post subject: |
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http://dailynews.yahoo.com/h/krcharlotte/20010327/lo/hornets_look_to_memphis_1.html
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The Charlotte Hornets applied to move to Memphis Monday, but one owner says the team is still committed to working out a deal in Charlotte.
"Our hope is to have an acceptable agreement with Charlotte. We have to protect our rights if (a final) agreement cannot be reached," Hornets co-owner Ray Wooldridge said in an exclusive interview with The Observer.
Wooldridge added that if he didn't meet the NBA's Monday deadline to file for relocation, and a planned June referendum on an arena package fails, it would be "a financially disastrous situation" that could cost the Hornets $25 million to $40 million next season as a lame-duck franchise.
While Monday's filing opens the door for the Hornets' to leave, a move is still far from certain. Another NBA team, the Vancouver Grizzlies, also has applied to move to Memphis. And since that team has worked toward a move for months, it seems unlikely the Hornets would get priority.
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I mean, I didn't think Charlotte was that bad of a market, but I guess it is. Memphis is a large city and there is not basketball team in Tenn. or Mississippi, so maybe there is a place for it.
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Spike
Hall of Famer

Joined: 23 Mar 2001
Posts: 2831
Location: California
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Posted: 3/29/2001, 7:42 pm Post subject: |
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Yeah and the Grizzlies want to move to Memphis as well. Who would have thought. It's rare that 2 teams want to move the same year let alone want to relocate to the same city.
If I was Memphis though, as young and ripe with talent are the Grizzlies, I would choose the Hornets over them because at least the Hornets are a contender.
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Spike
Hall of Famer

Joined: 23 Mar 2001
Posts: 2831
Location: California
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Posted: 8/2/2002, 3:17 pm Post subject: Memphis and New Orleans now both having N.B.A. teams |
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Heh, a year later, well they ended up in New Orleans but Memphis still got a team.  |
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