Re: More News on Sonics Lawsuit
David,
You can't take the economic experts' testimony at face value. The purpose of an expert who says there's no economic value isn't necessarily to prove that there's no economic value. The purpose can be as simple as showing that the numbers the city used to decide on the economic impact of the Sonics were just as much voodoo as the figures used by the PBC economic expert.
Here, the city has to show damages and has to show them with some degree of certainty. The purpose of this testimony may only be to cast a shadow of doubt upon all the economic testimony in the trial -- that works in favor for the Sonics in the damages part of the trial and in fact might save the PBC millions of dollars.
That's millions of dollars less that the city of Oklahoma City will probably end up having to subsidize their NBA team.
I think you should be happy about that.
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