Some owners want to contract Hornets
NBA commissioner David Stern said that some of the league’s owners want to contract the New Orleans Hornets.
Stern said that, although many owners may feel that way, the goal is to find a local buyer for the Hornets and keep them in New Orleans.
He went on to add that there is no shortage of buyers who want to purchase the team and move them to another city.
The league actually currently owns the team after purchasing them after it became apparent that the owner was no longer going to sink money into the Hornets.
The NBA simply decided to follow other major sports leagues that have made similiar moves. The most recent example is the Montreal Expos, which eventually left for Washington.