New Orleans Hornets owner George Shinn has agreed to sell the club to the NBA
Current Hornets President Hugh Weber will continue overseeing day-to-day operations of what will be the first NBA team to be owned by the league
The league has lined up New Orleans-born sports attorney Jac Sperling, vice chairman of the NHL’s Minnesota Wild, to be the NBA’s administrator of the team and oversee its sale to a more permanent owner
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