Saints and Hornets owner Tom Benson has offered to purchase the Times-Picayune.
In a letter obtained by WWL-TV dated July 25, Benson wrote that he and other partners are interested in purchasing the newspaper.
"I would welcome the opportunity to speak to you about my interest in purchasing the Times-Picayune, with others. If this is something that is an option, we can initiate this at your earliest convenience," Benson wrote.
200 employees at the Picayune face losing their jobs when one of the nation's oldest daily newspapers shifts its focus to online news and publishes just three days a week beginning this fall.
The paper said 84 of the newsroom's 173 employees were cut at the 175-year-old paper. Advertising, circulation and other departments also were affected. The change means New Orleans will become the largest metro area in the nation without a daily newspaper in the digital age.
WWL-TV also reports that an executive for Advance Publications says that the paper is not for sale.