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Charlotte, on my mind.-AP

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  • JB
       Report: NBA could return to Charlotte by 2004-05 November 1, 2002 CHARLOTTE, N.C. (AP) -- NBA owners have approved an agreement with Charlotte for an
    Message 1 of 1 , Nov 1, 2002
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         Report: NBA could return to Charlotte by 2004-05

      November 1, 2002

      CHARLOTTE, N.C. (AP) -- NBA owners have approved an agreement with
      Charlotte for an expansion team that could begin play in a new arena in
      2004-05, The Charlotte Observer reported Friday.

      The Hornets left Charlotte for New Orleans during the offseason after
      owners George Shinn and Ray Wooldridge failed to secure an agreement on
      an arena to replace the Charlotte Coliseum.

      NBA deputy commissioner Russ Granik told the Observer on Thursday that
      owners gave their approval at a meeting Oct. 8.

      City Council members are expected to vote on the 36-page document Nov.
      11. If the city OKs the agreement, only a few major steps remain before
      the NBA's return to Charlotte is finalized.

      ``All the big parameters are done,'' Charlotte city attorney Mac
      McCarley said. ``We're at the details now.''

      Under the deal, the NBA would choose owners and award the franchise by
      Jan. 12, when the city and league are scheduled to approve a final
      contract.

      Three groups have emerged as potential owners: investor Steve Belkin's
      Boston-based group, which includes former Celtics star Larry Bird;
      former Black Entertainment Television owner Robert Johnson; and Miami
      Heat minority owner Bob Sturges.
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