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Listening to espn radio today, they briefly mentioned the suit by OKC and said it was nothing more than posturing, that "if" Schultz won the lawsuit, any contracts signed after the purchase would be considered void.
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Well, yeah it's posturing. We have a war of posturing going on right now. And like, Midtowner pointed out, this isn't as easy as jumping in a legal time machine and undoing everything. That may be the intent of the lawsuit, but the court would recognize the unrealistic nature of such a remedy and also try and avoid further damage to any other "innocent" parties involved. You have to kind of realize that if fraud was proven, Oklahoma City would be as much a victim of the fraud as Seattle. And, yeah, if fraud is proven the city, on behalf of the taxpayers, should sue the PBC.
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They also said something like the Schultz lawsuit is the only one that matters, that the City of Seattle lawsuit will have zero impact for either OKC or Seattle.
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I don't get this at all. The city of Seattle's suit will determine if they can execute the lease without specific performance. It's my understanding that that will basically be the foundation for whether or not Seattle gets paid and whether the team moves this year or in two years. How does that have zero impact? If anything, it's the only one that's NOT posturing and there is a real legal issue along with the question of whether it's prudent for the Seattle to take the money and run or bleed the PBC dry and get nothing in two years.