Louisiana Must Pay $27.5M To Keep Saints, Hornets
Feb 14, 2014 1:46 PM
An executive advised lawmakers on Tuesday that Louisiana must find $27.5 million next year to fulfill contracts that keep the Saints and Hornets in New Orleans.
The state pays the two pro teams direct cash payments each year to retain the clubs, which allows the teams to remain afloat despite the small market.
ESPN
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