Bennett settles with Seattle...
Rip City Project | A Portland Trailblazers blog —
Clay Bennett will reportedly pay the city of Seattle up to $75 million dollars to end the Key Arena lease and move to Oklahoma City. I don't use this term lightly, but I find this all so disgusting I think it's better to talk about it another time. ...
Sonics Oklahoma City bound
Sports Business Radio blogs —
... At the end of the day, the city of Seattle had their price. Just like everyone has their price. And the price to relocate the Sonics from Seattle to Oklahoma City was $75M. The city gets much more than the $26.5M Sonics owner Clay Bennett originally offered, but they lose their NBA team that has played in the Emerald City since 1967. ...
Carpetbagging Assholes
The Shamrock Headband —
... Just a fucking shame. Let's give our heartfelt support to all Seattle fans. It's amazing the city just let those motherfucking wretched owners off the hook like this. Sonics fans - you've been let down by both your town officials and crooked owners. DO NOT FORGET.
R.I.P. Seattle Sonics
RedsArmy.com - The Voice Of Celtics Fans —
... Clay Bennett got what he wanted all along… The Sonics are leaving Seattle. And David Stern sat back and watched. ...
We’re Sorry, Seattle
Hornets Hype —
I would like to take a moment to express my condolences to the fans of the Seattle SuperSonics.
It could have been us.
Daily Links 7/3
CelticsBlog —
... Live Lakers small forward questions Las Vegas Nightlife Network NBA champion Ray Allen at Wet Republic NECN Davis deal may affect the Celtics Lex Nihil Novi Lakers need another Gasol-like theft Purple woes: Vlads and the Lukester Where do the 2008 Celtics rank? Jerry West's anguish part 2 Celtics 17 July coming in like a lion The Coffin Corner A new angle UWeekly Ten questions following the NBA draft ESPN Supersonics, Seattle reach last minute settlement Empty the Bench Sizing up the James Posey ...
Fiddlin' and Diddlin' - Daily Links 7/3
LOY's PLACE a celtics green blog —
... Davis deal may affect the Celtics Lex Nihil Novi Lakers need another Gasol-like theft Purple woes: Vlads and the Lukester Where do the 2008 Celtics rank? Jerry West's anguish part 2 Celtics 17 July coming in like a lion The Coffin Corner A new angle UWeekly Ten questions following the NBA draft ESPN Supersonics, Seattle reach last minute settlement FL's Take: This is very sad. I am ...
Why I am a College Sports Fan
Gate 21 —
... I really hate it for the people of Seattle because — to the best of my knowledge — they always supported their team. In the end Clay Bennett wanted to move the team to his hometown — again, Oklahoma City — and there was really little that the Sonics faithful could do about it. Bennett’s mind was made up and there was nothing that was going to keep him or the team in Seattle — not even the city’s attempts to stop the move in court. In the end, the city had little choice but to ...
Trail Blazers See Biggest Increase in Franchise Value
Sports Business Radio blogs —
... How about Clay Bennett and his group in Oklahoma City? They purchased the Seattle Sonics in 2006 from Howard Schultz for a reported $350M. Bennett's group then paid the city of Seattle $75M to get out of the Key Arena lease and head to Oklahoma City - that's $425M by my math. Today the team is worth $300M according to Forbes. Bennett better sell a lot of tickets, sponsorships and hot dogs in Oklahoma City to make up for the $125M in lost franchise value (I know, I know, franchise values mean little until the day the team is put on the market, which in Oklahoma City won't be any ...
