07-07-2008, 01:12 PM
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VIP Member
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Join Date: Jul 2005
Total Posts: 6,114
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Re: Anyone Sign Up For the Sonics Ticket List?
Quote:
Originally Posted by kevinpate
Oh, there's debt to be paid. we're just fortunate it's nearly all private debt.
350 for the team, a couple of so-so seasons, relocation fee to the tune of 30, litigation expenses, past, rpesent and future, 45 worth of thanks for blinking contributions, actual relocation expenses, etc., etc.
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What makes you think that's all debt? I highly doubt any bank would loan PBC $350 million for the purchase. I'm sure they pooled their money to pay cash.
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