Good insights Midtowner, thanks.
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What may be going on here though is a concerted effort by Seattle's good 'ol boys to do a mitzfah for their city -- that is to say that all of this litigation makes Bennett offering the city a more favorable settlement more attractive than not.
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Yeah, you have to think that at some point, if they haven't already, the PBC lawyers will sit down with Shultz's and the city's lawyers and say "ok, what does it take to make this circus go away". I think they want to see how badly Bennett wants to move the team this year. However it's creating a stand off on a few points:
Bennett doesn't want to pay more than it's worth. There has to be a magic number between revenue lost in Seattle, revenue generated in Oklahoma City, the cost of these lawsuits, and the value of the lease along with any superficial value the PBC has for getting the team they want in OKC.
On the other side, Seattle has to save face, get paid at least fair value of the lease, weigh the benefits of possibly retiring their Key Arena debt and not ruin their relationship with the NBA going forward, if they haven't already.