new-orleans-hornets-financials - Sports News, Headlines & Highlights

Parsing The Hornets FinancialsAt The Hive's Brian Ball takes a crack at those documents. The Times-Picayune weighs in as well, along with accounting blog Going Concern and some French people....

The New Orleans Hornets' Sad Financial DocumentsWe've obtained audited financial data for David Stern's new prize, the New Orleans Hornets. The statements cover 2008 and 2009, and among other things they paint a picture of a team already in hock to the NBA....