Capella resigns from executive posts with team
NEW ORLEANS -- Jack Capella, the New Orleans Hornets' executive vice president and chief operating officer, has resigned, saying he wants to pursue business opportunities in consulting and development.
Capella, the former legal counsel for the Superdome Commission, joined the Hornets as vice president of corporate affairs during the club's inaugural season in 2002 and was promoted in July 2003. His resignation was announced in a team news release Wednesday.
During his time with the Hornets, Capella successfully negotiated a deal with the city to build the team's practice facility next door to New Orleans Arena as well as owner George Shinn's buyout of partner Ray Wooldridge.
"There are challenges and opportunities that I want to pursue," Capella said Tuesday night. "I enjoyed every minute of my time with the Hornets, and I wish them success."
Capella was the state's lead negotiator in the talks that helped bring the Hornets to New Orleans from Charlotte.
Shinn called Capella's resignation "a completely mutual decision."
"We've had a number of conversations and talked about it. Jack wanted to resign," Shinn said Tuesday night. "He felt like he'd accomplished the key goals for me. One was to help me buy out my partner, the other was the practice facility."
Capella also has been managing partner of a law firm and served as Jefferson Parish district attorney.
Shinn said a decision has not been made on a replacement.
"Jack has done a great deal for us," Shinn said. "I wish him the best. He's a good man."
Copyright 2005 by The Associated Press