NOVEL THINKING

Whether his private jet, which is owned by the holding company that owns the Saints, might also come into play is anybody's guess. "The disputes that are playing out now are small compared with the inevitable challenge to Benson’s will that will occur after he dies," the reporter wrote.

Court testimony by one of the dealership managers indicates that the businesses paid Renee Benson's company, which had a handful of employees, about $2 million a year. Renee Benson now is married to an airline pilot, John Benham.

But LeBlanc's mention of the issue also begs the question: If she was interested in attending a private school, why couldn't she, or her parents, find other means to supplement the cost? Speculating on details contained in the pending settlement amounts to a stab in the dark. Find out more about how we use your information in our Privacy Policy and Cookie Policy.

Despite these income sources, Renee Benson and her family seemed heavily dependent on Tom Benson to provide for their needs, Rita LeBlanc's comments suggested.

The deal could, for instance, have the heirs handing over a portion of their interests in some of Tom Benson's holdings – ranging from the sports teams to real estate and five automobile dealerships – in exchange for IOUs and other assets. At the time Rita LeBlanc started college, her mother, Renee Benson, was newly divorced, living in a spacious home on Tom Benson's ranch, and had begun receiving from her father monthly payments of $10,000 to spend as she saw fit.

Before a Saints-Falcons game late in the ’14 season, Gayle Benson and Rita LeBlanc exchanged heated words in the owner’s suite at the Superdome. "Four members of the Walton family make our list, heiresses to the Wal-Mart fortune with $81.4 billion in all - and two of them are among the top 10 richest women in the entire world," according to the story. Trusts that Benson created in 2012 for his daughter Renee Benson, and her two children, Rita and Ryan LeBlanc, held close to 60 percent of all Saints shares and 95 percent of the Pelicans shares, though the shares held by Tom Benson in both teams contained 100 percent of the voting power and control. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps.

Nous voudrions effectuer une description ici mais le site que vous consultez ne nous en laisse pas la possibilité. Near the end of the Sports Business Journal article, the writer makes a  statement that likely sent ripples through the offices of Tom Benson's lawyers.

Even after all parties sign off, the public may remain in the dark about ownership details as the terms likely will remain confidential. From 1975 to 1996, Renee Benson was married to Russell LeBlanc. And statements he released after cutting ties with his daughter and two of his grandchildren indicate that he has revised his will to make his third wife, Gayle, the beneficiary of everything – including controlling interest in the sports teams – that is not contained in his heirs' trusts. "There are still things I would have wanted to do," she says, then adds: "But I can do them for other teams or other companies.". Kathy Finn is a New Orleans journalist and author of the biography, "Tom Benson: A Billionaire's Journey" (Pelican Publishing Co.), due for release in October. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. Voris Roberts Vigee Named President and CEO of VOA Southeast Louisiana.

NEW ORLEANS – Terms of an agreement over who owns the New Orleans Saints could become final within a few weeks, and while the details may remain under wraps, indications are that the $835 million valuation Tom Benson placed on his heirs' interest in the team was not a high enough price to buy them out. COVID-19: 'The Bitter End' for Nation's Live Music Venues?

The total value of the 88-year-old Benson's estate likely exceeds $2.5 billion. Owner(s) Gayle Benson.

And in another, Tom Benson prevailed against his heirs' efforts to have him declared mentally incompetent. After lawyers who are stewards of the trusts rejected Benson's January 2015 attempt to remove from the trusts all shares in the teams in exchange for promissory notes, the court proceedings became a battle to arrive at a fair valuation for the heirs' non-controlling interests.

daughter of Tom Benson and mother of Rita Benson LeBlanc. Alice Walton in Texas was the wealthiest southern woman with a worth of $33.5 billion. Renee was also a board member and shareholder in Tom Benson's auto dealerships and the Texas bank he owned. Yahoo is part of Verizon Media. But if, as LeBlanc suggests, the heirs expect to remain part owners of the Saints, it appears that Benson's offer fell short.

They have two children, Rita and Ryan LeBlanc. And she received income from a business she set up to provide "management services" to the Texas auto dealerships. Assuming it was a statement of fact and not wishful thinking on her part, LeBlanc's comment indicates that her grandfather did not succeed in "buying back" from his heirs' trusts the stock in the Saints and Pelicans that he had previously placed there. But LeBlanc's mention of the issue also begs the question: If she was interested in attending a private school, why couldn't she, or her parents, find other means to supplement the cost? $2.475B Calculated September 2020. LeBlanc, owner and Vice Chairman of the Board of the New Orleans Saints and Pelicans, has a net worth of $1.3 billion. Assuming that he based this conclusion on his interview with LeBlanc, it would seem that she, her mother and brother have already committed to mounting a legal challenge, after Tom Benson's death, to Gayle Benson's right to inherit control of her husband's most valuable assets.

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