City of Seattle sells out

Sonics3408 · Post #1 » by **Sonics3408** » Wed Jul 2, 2008 11:31 pm

SEATTLE -- In a stunning turn, the city of Seattle and the SuperSonics have reached a last-minute settlement before the judge was to rule in their KeyArena lease dispute.

The settlement was reached just hours before U.S. District Judge Marsha Pechman was to announce her verdict in the trial between the city and the team.

The city of Seattle has scheduled a news conference at 5 p.m. PT Wednesday, the same time as a news conference in Oklahoma City with Sonics' owner Clay Bennett. Terms of the settlement were expected to be announced then.

The settlement was announced by Pechman on the federal court Web site.

Source: ESPN

Rumor is they settled for 75 million

. I really, really want to know what the ruling would have been. This ain't looking good. Is Schultz going to file an injunction? Would it have a chance?

jenn_gp · Post #2 » by **jenn_gp** » Wed Jul 2, 2008 11:32 pm

Is this really needed? We're discussing this in the trial thread.

Sonics3408 · Post #3 » by **Sonics3408** » Wed Jul 2, 2008 11:36 pm

Yeesh, soooorry...Personally, I thought it was thread worthy, but if others feel this is a waste of space as well, feel free to delete.

LarBrd33 · Post #4 » by **LarBrd33** » Wed Jul 2, 2008 11:38 pm

** Global Edit: I understand your upset over the news, but be reasonable and keep it clean. Threats like that in today's world are not something even to joke about. - UCF **

lukeridenour · Post #5 » by **lukeridenour** » Thu Jul 3, 2008 12:27 am

damn, sorry to hear that.

bballin76 · Post #6 » by **bballin76** » Thu Jul 3, 2008 1:16 am

I'm sorry guys. Clay Bennett is an a-hole for doing this to your city.

mcmasterballer1 · Post #7 » by **mcmasterballer1** » Thu Jul 3, 2008 1:46 am

bballin76 wrote:I'm sorry guys. Clay Bennett is an a-hole for doing this to your city.

+1

BigSkyBlazerFan · Post #8 » by **BigSkyBlazerFan** » Thu Jul 3, 2008 2:56 am

I am sorry for Seattle’s Loss

S0yb3anB0y · Post #9 » by **S0yb3anB0y** » Thu Jul 3, 2008 7:56 am

Bennet is not an ****. He just wanted a **** team. Stern is the dumb mother **** that didn't give OKC an expansion team when they asked. I just hope tomorrow when I wake up, this is just all a dream.

Neapolitan Buck · Post #10 » by **Neapolitan Buck** » Thu Jul 3, 2008 9:42 am

I'm really sorry for your city. I'm really sorry for you. Bennett is really a sh**.

Agenda42 · Post #11 » by **Agenda42** » Thu Jul 3, 2008 5:35 pm

bballin76 wrote:I'm sorry guys. Clay Bennett is an a-hole for doing this to your city.

Don't blame Clay, he's a duck, he quacks.

Blame the city for not working with Schulz on a renovation deal when it was known he was losing money for years. Blame Schulz for selling the team to a guy he knew wanted to move the team.