Breaking News: Sonics Tell NBA They Will Move To Oklahoma City

November 2, 2007 - 2:34 pm RealGM Staff Report -
Seattle SuperSonics & Storm Chairman Clayton I. Bennett made the following statement on Friday regarding the future of the franchise.

"We notified Commissioner Stern that we intend to relocate the Sonics to Oklahoma City if we succeed in the pending litigation with the City, or are able to negotiate an early lease termination, or at the end of the lease term.

"We have not made a decision regarding the future location of the Seattle Storm. We appreciate the deep local interest and support for the Storm and have begun to evaluate a future course of action for the team.

"Notwithstanding the uncertainty and difficulty of this challenging time, we remain completely committed to the success of our basketball teams. We will continue to provide our players, coaches and staff the tools and support they need to be competitive."

Wow, that's amazing, I wonder how the Sonics fans feel now, after getting the 2nd pick and now having their team move to Oklahoma City, the fans must be in disgust.
 
Wow, that's amazing, I wonder how the Sonics fans feel now, after getting the 2nd pick and now having their team move to Oklahoma City, the fans must be in disgust.


The fans, or at least the entire region, made their own bed there. They practically chased them out of town. This was the predictable outcome. Anybody up there clasiming shock or dismay is either very foolish or veyr two-faced.
 
Breaking News: Kings Tell NBA They Will Move To Kansas City
November 2, 2009 - 2:34 pm RealGM Staff Report -
Owners Joe & Gavin Maloof made the following statement on Friday regarding the future of the franchise.

"We notified Commissioner Stern that we intend to relocate the Kings back to Kansas City following several years of failed efforts to build a new sports arena in Sacramento.

"We have not made a decision regarding the future location of the Sacramento Monarchs. We appreciate the deep local interest and support for the Monarchs and have begun to evaluate a future course of action for the team.

"Notwithstanding the uncertainty and difficulty of this challenging time, we remain completely committed to the success of our basketball teams. We will continue to provide our players, coaches and staff the tools and support they need to be competitive."
 
This is probably one of the best things that could happen to the Kings arena effort.

Not only does it provide an example of what can happen to a community that can't negotiate for a new arena. It also eliminates the strongest contending community for the Kings...
 
This is probably one of the best things that could happen to the Kings arena effort.

Not only does it provide an example of what can happen to a community that can't negotiate for a new arena. It also eliminates the strongest contending community for the Kings...
Indeed.
 
http://sports.espn.go.com/nba/news/story?id=3091416&campaign=rss&source=NBAHeadlines

Sonics file notice of intent to move SuperSonics, Storm
Associated Press
Updated: November 2, 2007, 4:05 PM ET

SEATTLE -- A year after formally taking ownership of the Seattle SuperSonics and WNBA Storm, and with no plans for a new arena here, owner Clay Bennett said Friday he will file with the NBA to relocate the Sonics to Oklahoma City.

The move was hardly unexpected. Bennett had set an Oct. 31 deadline -- one year from when he took ownership -- for having a plan for a new arena to replace KeyArena, which Bennett says is unacceptable and outdated. Otherwise, he said, he would ask the league for permission to move the teams.

Not wanting to distract from the start of the Sonics season, Bennett backed off that deadline, but only briefly. He watched Thursday night's home opener against Phoenix from his owner's suite, spending most of the second half chatting with Hall of Famer Bill Russell while fans started spontaneous chants of "Save Our Sonics" during various points of the game.

"Today we notified commissioner [David] Stern that we intend to relocate the Sonics to Oklahoma City if we succeed in the pending litigation with the city, or are able to negotiate an early lease termination, or at the end of the lease term," Bennett said in a lengthy statement.

League spokesman Tim Frank did not immediately return messages seeking comment on what the Sonics have filed with the league or how the relocation process works.

Bennett's announcement is the latest move in the fight over the Sonics' future. Currently, Bennett and the city of Seattle are bogged in a legal fight over the team's lease at KeyArena, the smallest venue in the NBA.

Bennett is arguing to get free of the final two years of the lease, while the city tries to hold the Sonics to the terms of the agreement, which calls for the team to play all its home games at KeyArena through the 2009-10 season.

The Sonics sought arbitration to decide the lease matter, but earlier this week a federal judge blocked the team from seeking an escape through arbitration, keeping alive the city's attempts to gain a court order forcing the Sonics to play in Seattle.

"Mr. Bennett's announcement today is a transparent attempt to alienate the Seattle fan base and follow through on his plan to move the team to Oklahoma City. The deadline for notifying the league of his intent to move is March 1," Seattle City Attorney Tom Carr said. "Making this move now continues the current ownership's insulting behavior toward the Sonics' dedicated fans and the citizens of the city."

Earlier this year, Bennett championed a proposal for a new arena in the suburb of Renton, calling for about $300 million in public money. That plan failed when the Washington Legislature declined the proposal.

Bennett has until March 1, 2008, to file for relocation with the league if he intends the team to play the 2008-09 season anywhere other than here.

"We now understand and respect that there is very limited public support for such a public investment," Bennett said.

Bennett has long said he has no intentions of splitting the Sonics and WNBA Storm, but appeared to hedge on that stance Friday. Bennett said there has been no determination on the future location for the WNBA team, which will play the 2008 season in Seattle.

A few hours before Bennett's announcement, a group of local investors offered to buy the Sonics and keep the city's oldest major league professional sports franchise from moving.

The group headed by Dennis H. Daugs, a private wealth manager and managing director of Lakeside Capital Management LLC, issued a news release Friday saying it had written a formal letter of interest to Bennett.

"We want to recapture the spirit and love of basketball in Seattle by bringing the Sonics and Storm back to local ownership," said Daugs, a former minority owner of the NBA franchise.

The statement did not identify anyone else in the group, nor would Daugs give that information Thursday in an interview with The Seattle Times. Also unclear was how much the group would be willing to bid.

Dan Mahoney, a spokesman for Bennett, had no comment on Daugs' offer, other than to reiterate that the "teams are not for sale."

Bennett, who bought the Sonics from a local group headed by Starbucks chairman Howard Schultz for $350 million last year, has said the club is not for sale. Schultz's group paid $200 million for the franchise in 2001.

Bennett, unhappy as was Schultz with KeyArena, said the team lost $17 million last year because of an unfavorable lease agreement with the city.

"This town loves the Sonics and Storm," Daugs said in the statement. "We have a genuine appreciation of the fan base. We respect the many loyal fans and we want to build a populist movement to keep the teams here. We believe there is strong local support for the Sonics and Storm."

So Long, Seattle
If the Supersonics are allowed to relocate from Seattle to Oklahoma City, it would be the third time this decade that an NBA team has pulled up stakes. Others to do so in the last three decades:

Switching Surroundings Old city New city
2002 Hornets Charlotte New Orleans
2001 Grizzlies Vancouver Memphis
1985 Kings Kansas City Sacramento
1984 Clippers San Diego Los Angeles
1979 Jazz New Orleans Salt Lake City
1978 Clippers Buffalo San Diego

Copyright 2007 by The Associated Press
 
The fans, or at least the entire region, made their own bed there. They practically chased them out of town. This was the predictable outcome. Anybody up there clasiming shock or dismay is either very foolish or veyr two-faced.

I don't buy that at all. The current owners of the Sonics bought the team with the intention of moving them to Oklahoma City. This whole so-called negotiation with the city has just been a charade to put up the pretense that they did everything they could to keep the team in Seattle. There hasn't been any negotiation at all, there's been threats and ultimatums. Deals don't get done that way. I really hope the NBA has the integrity here to support a local ownership group that wants to keep the Sonics in Seattle. Yes professional sports are big business, but history has to count for something. Do you think MLB would allow some ownership group to buy the Red Sox and move them to Oklahoma City? I seriously doubt it.
 
"We have not made a decision regarding the future location of the Sacramento Monarchs. We appreciate the deep local interest and support for the Monarchs and have begun to evaluate a future course of action for the team.

How 'bout they just move the Monarchs to Kansas City and leave the Kings :D.
 
I don't buy that at all. The current owners of the Sonics bought the team with the intention of moving them to Oklahoma City. This whole so-called negotiation with the city has just been a charade to put up the pretense that they did everything they could to keep the team in Seattle. There hasn't been any negotiation at all, there's been threats and ultimatums. Deals don't get done that way. I really hope the NBA has the integrity here to support a local ownership group that wants to keep the Sonics in Seattle. Yes professional sports are big business, but history has to count for something. Do you think MLB would allow some ownership group to buy the Red Sox and move them to Oklahoma City? I seriously doubt it.
If there was a local group really serious about buying the team, they should have done it before the curent ownership bought the team. The NBA can't force owners to sell their team.

And the citizens of the County and City have made it clear they don't want to help fund a new arena in any form. They passed Initiative 91 by a 3-to-1 margin, which effectively bans the city from entering into any future deals with pro sports teams. Also, a county-wide survey showed tepid, at best, support for any public funding at all.

The city was not willing to re-negotiate what Stern called the worst lease in the league.

The ownership did try Bellevue, Renton, an Indian tribe and the State Legislature for a deal. While I believe they wanted to move the team to OK City, I'd say they picked a team to buy where the locals would make it hard for them to get a deal done for a new arena, paving the way for the NBA to approve a move. Stern already indicated approval of a move was likely if nothing was done.

In defense of Seattle, they did finance the original Kingdome (followed by a World's Fair) and helped build the current replacement football and baseball stadia.

By the way, if an arena deal can't get done in Sacramento, I would not be totally suprised if the owners notify the NBA they want to move by the the March 1st deadline for the 08-09 season. :(
 
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Any pol that signs off on a massive subsidy to a pro sports team right now is going to get their
*** handed to them by the public. That's life in the big city right now: money is too tight.
 
That's fine, but then they can't complain if the team goes where they can be in a better financial situation. That's life in the big city and business.
 
How 'bout they just move the Monarchs to Kansas City and leave the Kings :D.

The Monarchs have actually won a championship in Sacramento. The Kings haven't won anything, and you'd dump the Monarchs like it's nothing eh?
 
I have no problem with Oklahoma City getting a basketball team. I'd just prefer they got it without stealing someone else's.
 
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