NBA To Take Over Hornets

Espn.com is reporting that the National Basketball Association is going to take over control of the New Orleans Hornets. Espn.com has the story, below.

Chris Paul #3 of the New Orleans Hornets in action during the game against the Miami Heat at the New Orleans Arena on November 5, 2010 in New Orleans, Louisiana.Courtesy---espn.com

Chris Paul and the rest of the New Orleans Hornets will soon be playing for the first franchise in league history owned by the NBA.

Sources close to the situation told ESPN.com on Sunday that the league's fast-moving plans to take temporary control of the Hornets are going ahead "100 percent" and will be publicly confirmed within the next few days, mirroring what Major League Baseball did with the Montreal Expos before that franchise was sold and moved to the nation's capital as the Washington Nationals.

This unprecedented twist in the Hornets' roller-coaster history, beyond what it means for the franchise and its fans in New Orleans, is likely to revive leaguewide curiosity about Paul's future.

http://sports.espn.go.com/nba/news/story?id=5887687