Seattle Sonics (and Storm) under new ownership

 
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R-Tistic
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PostPosted: Tue Jul 18, 2006 3:16 pm    Post subject: Seattle Sonics (and Storm) under new ownership

I am watching the press conference now...they are saying that the owners are selling the team to someone called LLC. They said that the team is not moving as of now though...but it sounds like they are basically selling them because the teams (mainly Sonics) haven't been successful as of late.
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KingKobe20
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PostPosted: Wed Jul 19, 2006 6:32 pm    Post subject:

Were are they moving too? I heard they might not be in Seattle no more?? Is that true?
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Exick
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PostPosted: Wed Jul 19, 2006 6:47 pm    Post subject:

Earliest they can move is 2010 when their lease on Key Arena is up. Management says they will try to keep the teams in Seattle while working out some deal for a new arena (possibly) but the new owner is the same guy who got the Hornets to play in OKC this past year and is likely looking to try to eventually move the team there.
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