Matthews concluded that the stadium situation was untenable .
Matthews moved the team to New Orleans and was approved by the USFL on October 18 , 1983 and later sold his interest to New Orleans real estate developer Joe Canizaro .
Concluding that the stadium situation was untenable , Matthews moved the team to New Orleans and was approved by the USFL on October 18 , 1983 and later sold his interest to New Orleans real estate developer Joe Canizaro .