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Thursday, March 12, 2009

Hey whaddayaknow.. actual trend-bucking!

Hornets president Hugh Weber to ESPN via the The Gambit blog.

While the NBA has taken out a line of credit to help struggling teams' cash flow, with 12 teams electing to borrow a combined $200 million, Weber said the Hornets have not sought any such help yet.

"I think we're running counter to many of the stories that are happening in professional sports right now," Weber said.


Still, never one to believe anything that comes out of a professional sports executive's mouth, I am skeptical. Remember, just one month ago, the Hornets tried (and failed under somewhat mysterious circumstances) to trade Tyson Chandler. The consensus at the time was that the trade was an obvious attempt to trim salary and avoid additional costs such as the NBA's salary "luxury tax". This is generally not the behavior of a financially healthy playoff caliber team gearing up for the stretch run.

And frankly, I won't take any of the Hornets' reassurances about staying seriously until they dump the freaking generic teal.

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