NBA Lockout: New Orleans Hornets Would Return Fans' Money With Interest If Games Canceled

The New Orleans Hornets, currently owned by the NBA, are getting creative this summer when trying to drive season ticket sales during a lockout. Like all teams will do, the Hornets plan on refunding season ticket holders their money should the lockout extend into the season and cancel games, but the Hornets are going one step further to help drive sales. They will issue refunds with interest.

They plan on offering two deals: the first is to provide one percent on top of the total cash refund for each game. The second is:

to take refunds in the form of credit toward purchases of tickets for the playoffs or future seasons, [fans] can receive an additional 10 percent, plus another 5 percent toward the purchase of tickets for charities.

This sounds like a great initiative to grow basketball in the region. By bringing the game to the many children who otherwise couldn't attend, as the Hornets' president says in the article, this would help build long-term roots for a franchise that could move elsewhere if new owners don't want to stay in New Orleans.

Stay tuned to this StoryStream for more NBA lockout news, updates and explanations.

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.