SUPERSONICS LEAVE SEATTLE FOR OKLAHOMA

Justin Barracosa

LOS ANGELES — The Sun reported that the Seattle SuperSonics will move to Oklahoma City next season after reaching a settlement, the team said on their website on Wednesday. The city of Seattle will be paid $45 million up front and Sonics owner Clay Bennet will pay an additional $30 million in five years if the city is unable to secure another NBA team. NBA commissioner David Stern released a statement. “The NBA continues to regard Seattle as a first-class NBA city that is capable of serving as home for another NBA team,” it said.

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This entry was posted on Thursday, July 3rd, 2008 at 2:44 pm and is filed under NBA, SuperSonics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.