Detroit Pistons v New Orleans Hornets

Governor admits Louisiana has to pay Hornets $7 million

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Part of the deal the Hornets have with the state of Louisiana (which owns their arena) is that if the Hornets do not meet certain revenue benchmarks, the state has to make them up.

Gov. Bobby Jindal said Monday the state will have to pay the team about $7 million this season, the Times-Picayune reports.

In January, the Hornets surpassed the attendance benchmark average of 14,735, a requirement in their lease agreement with the state. But there also is a revenue benchmark included in the team’s amended lease agreement that stipulates the state will have to pay the Hornets’ inducements not exceeding $7.5 million at the end of this season if the team doesn’t gross at least $43.6 million, which is 80 percent of their gross revenue for all potential ticket sales.

You can imagine how well that is going to go over in this economy, with the state tightening its budget everywhere — education programs for at-risk youth, park and museum hours, social services and more are proposed to be cut in the next Louisiana budget. The money for the Hornets was included in last year’s budget.

Jindal made the announcement at an event trying to promote season tickets for the Hornets, the next step in a public/private effort to make it more viable for the Hornets to stay in New Orleans. Getting the finances of the team in order is the first step in finding a new owner that would keep the team in New Orleans. Which is an uphill task but the NBA is at least going through the motions on it.

Bradley Beal drives around, dunks over Kristaps Porzingis (VIDEO)

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If you’re a Knicks fan, the positive is that at least Kristaps Porzingis tried to make a play.

But he was not going to stop the athletic Bradley Beal with a full head of steam, and the result was a Beal dunking over Porzingis as he tries to block the attempt.

Beal wasn’t sharp, scoring 12 points on 5-of-14 shooting. The Knicks has an efficient Carmelo Anthony and that got them the win.

Carmelo Anthony drops 21 on Wizards in preseason Friday

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We had an efficient Carmelo Anthony sighting in the preseason.

Anthony and the Knicks went up against the Wizards and ‘Melo hit 10-of-15 shots to score 21 points. He also had four rebounds and four assists.

Derrick Williams had 23 points on 11 shots to lead the Knicks in scoring, and New York won 115-104.