View Single Post
  #19 (permalink)  
Old 04-25-2008, 08:09 AM
Kerry's Avatar
Kerry Kerry is offline
VIP Member
 
 Join Date: Nov 2005
 Total Posts: 1,376
Default Re: More News on Sonics Lawsuit

Alas - still no NBA quality arena in Seattle and no plan for one. Over the past 3 years only 4 plans have seen the light of day.

1. Bennett's $450 arena in Renton
2. Ballmers $300 Key remodel that doesn't meet the requirments of the Schultz agreement
3. Muckelshoots that cost $470 million but no funding mechanism available.
4. Seattle Cockroach that cost $1.2 billion on land that won't even be available for 10 more years.

Seattle might have a chance if they just had an arena. But they don't. Schultz said publicly that he tried everything to get an arena deal done in Seattle. Bennett spent more time and money then Schultz did and offered to pay 3X more towards an arena then Schultz did.
__________________
Oklahoma City - The surprise your family has been looking for.
Reply With Quote