Quote:
Originally Posted by OKCMallen
I would actually say no: the point is keeping the team, and the legal theory is about the lease. They don't stand to make any super-great amount of money off specific performance of the lease, and they've been OFFERED that money already.
The point i'm making is: a seemingly large marjority of citizens don't WANT the team for two more years. Seattle's leadership could have accepted a settlement offer earlier that would have paid all the debt on KeyArena and then some. They didn't accept it and are now using public funds to fight an expensive lawsuit that, at best, gives them two more seasons with a team that is losing tons of money, pisses off the NBA, KeyArena still in debt and not serviceable on a going-forward basis, that the citizens don't even seem to want, ALL IN HOPES that Clay will sell or be forced to sell...so as to please a minority of the population?
Does that sound like worthwhile civic expenditures? At least our expenditures make for economic investment if we get the team. They just have a short-lived 2 seasons with the Sonics if they win, and given that they COULD have KeyArena's debt paid off, they might actually be in a significantly worse position than if they settled or even win.
|
You may be absolutly right. And like you, I'm kind of sick of it myself. And it will end, one way or another, at some point in time.
Most likely where you and I will defer is that, if they (the Sonics) get here fine. But if they don't, then I'm fine with that also. I can only speculate that the Citys determination on wether or not the use of public funds would be a worthwhile civic expenditure was made after they weighed all of their options. If that is correct, then I would assume they concluded that the rewards far out weighed the risk. Anyway, the cost to the Citizens of Seattle associated with this lawsuit will have little if any impact on the City's Budget. So what the hell, they went for it.