Sonics settlement?

Me too, btu there are lots of good reasons for them not to tell us.

Local News | Sonics, city reach settlement | Seattle Times Newspaper

$75 million payment, might not have to pay all if Seattle gets another team

Says there will be concurrent 7PM (OK time) news conferences; one in Seattle, the other in OKC.

Bet the local news will carry the OKC version.

I am surprised at the $75 million figure. I would have expected something in the $50-60 range, since that is what Clay thought he would lose up there the next 2 years.

From the Seattle Times:

"The Supersonics will bid Seattle farewell as part of a settlement with the city, according to a City Hall source. In exchange, the city would receive up to $75 million — less if the city gets another NBA team."

The Seattle Times | Seattle Times Newspaper

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Fear leads to anger. Anger leads to hate. Hate leads to suffering. --Master Yoda
Facts can change opinions, opinions cannot change facts.

My apologies on posting info that has already been posted. I my page didn't refresh like I thought it had.

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Fear leads to anger. Anger leads to hate. Hate leads to suffering. --Master Yoda
Facts can change opinions, opinions cannot change facts.

It has happened movement begins tomorrow! The cost is 45M with an additional 30M possible.

The big question is what will the team be called? You need a name to start selling tickets and such. So far he hasn't mentioned it.

I think the name will be Storm. If you go to supersonics.com and click on the ticket information it takes you to secure.sonics-storm.com.

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My religion consists of a humble admiration of the illimitable superior spirit who reveals himself in the slight details we are able to perceive with our frail and feeble mind
Albert Einstein

Storm was the WNBA team name

Championship trophy and banners will stay in Seattle but duplicates will be made for OKC.

omg.... did you just see Clay Bennet totally choke up while thanking his family... that was very sweet.

I'm happy for him, he has been put through the wringer this year.

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“In the end we are all separate: our stories, no matter how similar, come to a fork and diverge. We are drawn to each other because of our similarities, but it is our differences we must learn to respect.”

Dang it! I didn't even consider that!

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My religion consists of a humble admiration of the illimitable superior spirit who reveals himself in the slight details we are able to perceive with our frail and feeble mind
Albert Einstein

Storm would make for a good intro, with all the lights off and make storm sounds as they run out, but Storm is a WNBA team and I think a female gladiator name... Might be hard to break the connection.

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?

man...you know it didn't have to be this way this is the same outcome that most of us on this forum predicted, and at no point was it feasible that they were going to retain there team.The bennett group had been saying let us out of the least yall can keep the logos,banners,and history(the only franchise that gave yall city a title) what do yall want money? We will pay the money. Oh yall are hurt yall wanna drag it out... and for what pride ?

Seattle will go down in textbooks about how not to negotiate.

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Oklahoma City - The surprise your family has been looking for.

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.

I hope PBC listened and is not going to give the team a hick name like the OKC Tornados or OKC Doghumpers.

DOGHUMPERS!!!!!

I LOVE IT!!!!

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Fear leads to anger. Anger leads to hate. Hate leads to suffering. --Master Yoda
Facts can change opinions, opinions cannot change facts.

Oklahoma City Energy

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Oklahoma City - The surprise your family has been looking for.

Picture this for a moment....





Imagine it's 10 years back....







Remember where you were; remember the state of the city.....








What would you have said if somebody told you that in 10 years, OKC would have it's own NBA team?










What would you have said if that person told you that a press conference would be called to broadcast the good news, soon to be replayed all throughout the state on every news channel?















What would you have said if that person told you that said press conference would be held in, of all places --- THE SKIRVIN?!












Think about that, and it can make you a little misty thinking about how far this city has come in such a short time....




God Bless MAPS; God Bless the Leadership of OKC; God Bless the people of this great city; God Bless PBC for having such vision and not sitting on their laurels; God Bless the Hornets for allowing OKC a chance to show the entire nation that we can be an NBA city; and so on and so on for eternity.

This is a terrific day for OKC.

I hope everyone feels the same pride that is rushing through my veins right now.

should we start another list for them do ya think? So much has happened since the lists were all over the radio and in the newspapers, they may need some help now that they have a minute to relax and think about it..

Oklahoma City Sky
Oklahoma Barrons
Oklahoma City Thunder
Oklahoma City ......whatever

I don't like the name ........whatever. What would the mascot look like?

Oklahoma City Energy!

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Oklahoma City - The surprise your family has been looking for.