Daniel Kaplan · @KaplanSportsBiz
3rd Feb 2017 from TwitLonger
Here is the trustees statement on Benson settlement
The Rita Benson LeBlanc, Ryan LeBlanc and Renee Benson Trusts have agreed to a binding settlement agreement with Tom Benson involving ownership interests in the New Orleans Saints and the New Orleans Pelicans sports teams.
While specific terms of the settlement will remain confidential, according to trustees Bobby Rosenthal and Mary Rowe, the settlement "is a winning proposition for the City and people of New Orleans and fans of the Saints and Pelicans everywhere."
"The New Orleans Saints are among the elite, iconic franchises in professional sports, and the Pelicans are making their mark as a highly competitive and successful franchise in its own right, as well as an important part of the fabric of the City of New Orleans. Keeping these two teams in New Orleans and ensuring their future vitality has always been the highest priority for the family beneficiaries and the trustees. We are optimistic about the future success and prosperity of these two franchises."
"From the beginning of this lengthy legal process, our sole objective has been to ensure that any exchanged assets were of fair and equal value. We believe this settlement does just that, and are pleased with this ultimate outcome."
Bobby Rosenthal and Mary Rowe
Trustees