Tom Benson To Buy New Orleans Hornets

New Orleans Saints owner Tom Benson has added his city’s NBA Hornets to his holdings today.

USA TODAY Sports’ Jeff Zillgit reports from New York that Tom Benson will be the sole owner, buying the team for $338 million, after getting approval at the NBA’s Board of Governors meeting today.

The league has been operating the financially troubled franchise since 2010.

Source: Associated Press, USA Today