It's official. The New Orleans Hornets will be moving to Oklahoma City for the 2005-06 season. In a move reminiscent of the baseball Angels, the team will be called "The New Orleans/Oklahoma City Hornets." During TV broadcasts, the title will be shortened to "N.O./Okla City."
The City, the State and a private investment group of Oklahoma Businessmen (no doubt this is code for the Mathis Brothers and the guy who owns Express Personnel) will share three way risk, guaranteeing the team $10 Million if the team falls short of it's desired $40 million revenue.
The team will play six of its home games in Louisiana, the remaining 35 will be played in the Ford Center.
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