Tom Benson Ownership

Lore & Background

Benson purchased the Hornets from the NBA for $338 million on April 13, 2012. Under his stewardship, the franchise saw the emergence of local heroes like Anthony Davis, whose selection in the 2012 draft was a cornerstone moment. Benson provided the financial foundation necessary for the team to compete, overseeing the front office decisions that shaped the roster during its formative years in New Orleans. His presence at games and his commitment to community outreach made him a beloved figure, bridging the gap between corporate ownership and the passionate fanbase of the Deep South.

In Their Own Story

The air inside the Smoothie King Center hummed with anticipation as Tom Benson took the floor for a pre-game ceremony. Surrounded by players in their teal and navy uniforms, he held the microphone not to speak of profits, but of resilience. The crowd, a sea of Pelicans gear, roared as he thanked them for welcoming the team home. In that moment, under the bright arena lights reflecting off the polished hardwood, it was clear this wasn't just another franchise; it was a New Orleans institution, finally taking root.

Reader's Guide

The era began on April 13, 2012, when Tom Benson purchased the New Orleans Hornets from the NBA for $338 million. The immediate priority was stabilizing the franchise's future in Louisiana, ensuring it would not face another uncertain relocation. This period of consolidation culminated in a pivotal decision: to rebrand the team entirely. This era also saw the drafting of Anthony Davis in 2012, a move that instantly elevated the team's national profile and set high expectations for the future. Benson's ownership continued through the mid-2010s, characterized by efforts to build around young talent and maintain financial solvency. While the championship eluded the team during his direct management, he successfully laid the groundwork for the franchise's long-term viability in New Orleans before passing away on March 15, 2018.

Did You Know?

• Benson bought the New Orleans Hornets from the NBA on April 13, 2012, for $338 million.
• Benson also owned the New Orleans Saints, who won Super Bowl XLIV in 2009.
• As of October 2017, Benson had a net worth of US$2.8 billion according to Forbes.
• Benson died on March 15, 2018, at Ochsner Medical Center in Jefferson, Louisiana, at age 90.