State and Saints to announce details of deal

State and Saints to announce details of deal

The New Orleans Saints and the state of Louisiana have called a news conference for 10 AM tomorrow at the Superdome, where officials are expected to lay out details of a long-term deal between the state and the Black & Gold.

Governor Bobby Jindal and Saints Owner Tom Benson, along with a host of other officials, will be on hand for the announcement. WWL will carry that news conference live Friday morning at 10.

The City of New Orleans has placed a bid for the 2013 Super Bowl; a long-term agreement is seen as an absolute necessity  for the city to have a real chance at landing the Super Bowl.

Sen. John Alario, who attended a morning briefing with the Jindal administration’s negotiators on the deal, said the state could pay the team less than $6 million each year, depending on how much money the Saints get from other income sources.

The arrangement would be far less than the $23.5 million the state is currently paying the Saints annually in a direct cash subsidy.

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