Here's something you might be interested in.
Seattle Supersonics owner Clay Bennett has been hinting he will move the NBA team to Oklahoma City. He just filed to get arbitration. He says the KeyArena (completely rebuilt in 1994) is obsolete. The real complaint is that too much of the revenue from luxury boxes goes to the city to pay off the bonds, not to the owner, according to Fieldofschemes.com. Seattle has hired former U.S. Senator Slade Gorton to defend the city. That's ironic: Gorton negotiated the deal that gave the Mariners $45 million when there was a cost overrun at Safeco Field.
Seattle Supersonics owner Clay Bennett has been hinting he will move the NBA team to Oklahoma City. He just filed to get arbitration. He says the KeyArena (completely rebuilt in 1994) is obsolete. The real complaint is that too much of the revenue from luxury boxes goes to the city to pay off the bonds, not to the owner, according to Fieldofschemes.com. Seattle has hired former U.S. Senator Slade Gorton to defend the city. That's ironic: Gorton negotiated the deal that gave the Mariners $45 million when there was a cost overrun at Safeco Field.