In a recent interview with FORBES Magazine, Chris Paul (CP3) talks saving New Orleans basketball.
Excerpt:
Besides lifting his team on his shoulders, Paul has done more than anyone to save pro basketball in New Orleans. The last two seasons the Hornets have made the playoffs. There's been a boost in season-ticket holders (11,000, from 6,000 last year) and sponsors, translating into bigger revenues ($95 million for the 2007--08 season, up 5% from the season before) and a rise in the FORBES estimate of the team's value (up 5% to $285 million). The jump in fan interest kept the Hornets in New Orleans, voiding a clause in the team's lease with its stadium that would have let it move to another city. Paul has helped the Crescent City off the court, too, largely through his CP3 Foundation. "The people of the city like to see him as a symbol of recovery," says James Henderson, sports director at WWL-TV in New Orleans.