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Oklahoma City group buys Seattle Supersonics

Started by RecycleMichael, July 18, 2006, 03:16:24 PM

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RecycleMichael

Here is the press...

Sonics and Storm sold to group from Oklahoma City
By TIM BOOTH, Associated Press Writer
July 18, 2006

SEATTLE (AP) -- A group from Oklahoma City has agreed to buy the Seattle SuperSonics and the Seattle Storm, an official with the SuperSonics said Tuesday.

The team scheduled an afternoon news conference to officially announce the sale. The team official spoke to The Associated Press on condition of anonymity because the sale had not been announced.

The Basketball Club of Seattle -- owners of the NBA Sonics and WNBA Storm -- would not officially comment until the news conference.

In February, Sonics majority owner Howard Schultz threatened to possibly move or sell the city's oldest major league professional sports franchise, saying the team has lost about $60 million in the past five years, and blaming a revenue-sharing lease at KeyArena with the city of Seattle that lasts until 2010.


Power is nothing till you use it.

ky

[:)]I am a huge NBA fan especially the San Antonio Spurs but the Supersonics really suck!!

sgrizzle

quote:
Originally posted by ky

[:)]I am a huge NBA fan especially the San Antonio Spurs but the Supersonics really suck!!



That is probably the point. Since they aren't any good, their location sucks, they are possibly able to move.

Reference the plot line to "Major League"