Quote:
Originally Posted by sooners83
Ok Can someone help me with this? I thought the judge would post something at 6 or 7 but we got this at that time. So we still do not know if they will be here in 1, 2, or 3 years do we?
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1. The judge did not release a verdict because it was settled.
2. The team will play here this fall. Name and colors TBD.
And the rest:
3. PBC pays Seattle $45 million now, and another $30 million in 5 years if:
- WA legislature approves funding for a new or remodeled arena next session
- and Seattle has not gotten another team by that point.
4. This means if the legislature can't get their act together, or if they have a team by 2013, PBC does not owe the additional $30 mil.
5. Name and colors are still PBC property but will be "reserved" for Seattle in the event they get a team.
6. The history as well as actual trophy and banners will stay in Seattle but OKC will share the history and have duplicates of the trophies and banners.
7. The team begins moving tomorrow.
8. A hotline has been set up for those requesting tickets.
9. Still no location set for the practice facility.
10. PBC has been watching the media and internet discussion to consider all suggested names.