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City of Seattle sells out

Posted: Wed Jul 2, 2008 11:31 pm
by Sonics3408
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?

Re: City of Seattle sells out

Posted: Wed Jul 2, 2008 11:32 pm
by jenn_gp
Is this really needed? We're discussing this in the trial thread.

Re: City of Seattle sells out

Posted: Wed Jul 2, 2008 11:36 pm
by Sonics3408
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.

Re: City of Seattle sells out

Posted: Wed Jul 2, 2008 11:38 pm
by LarBrd33
** 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 **

Re: City of Seattle sells out

Posted: Thu Jul 3, 2008 12:27 am
by lukeridenour
damn, sorry to hear that.

Re: City of Seattle sells out

Posted: Thu Jul 3, 2008 1:16 am
by bballin76
I'm sorry guys. Clay Bennett is an a-hole for doing this to your city.

Re: City of Seattle sells out

Posted: Thu Jul 3, 2008 1:46 am
by mcmasterballer1
bballin76 wrote:I'm sorry guys. Clay Bennett is an a-hole for doing this to your city.



+1

Re: City of Seattle sells out

Posted: Thu Jul 3, 2008 2:56 am
by BigSkyBlazerFan
I am sorry for Seattle’s Loss

Re: City of Seattle sells out

Posted: Thu Jul 3, 2008 7:56 am
by S0yb3anB0y
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. :(

Re: City of Seattle sells out

Posted: Thu Jul 3, 2008 9:42 am
by Neapolitan Buck
I'm really sorry for your city. I'm really sorry for you. Bennett is really a sh**.

Re: City of Seattle sells out

Posted: Thu Jul 3, 2008 5:35 pm
by Agenda42
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.