Wednesday, April 29, 2009

Saints Presser Thursday To Discuss Future in NO


((HT: WVUE-TV/Fox 8-Rob Masson))

State lawmakers know a lot more today about a deal we first told you about to keep the Saints in New Orleans for 15 to 20 more years.

Thursday, Governor Bobby Jindal and New Orleans Saints owner Tom Benson will hold a press conference at the Superdome at 10 a.m. to make an announcement regarding the team.

They received two briefings on the issue in Baton Rouge. The first came this morning at the Governor's mansion. Saints Chief Financial Officer Dennis Lauscha left the meeting confident that a deal allowing the Saints to acquire New Orleans Center and Dominion Tower and lease property back to the state would be announced soon.

Governor Bobby Jindal would not comment on reports that the new deal would reduce state payments to the saints by $17 million a year.

Currently, the state pays the team $23.5 million a year in a direct cash subsidy.
Here's your update from our friends at WVUE-TV/Fox 8

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