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Bennett is the chairman of the Oklahoma City-based Professional Basketball Club LLC (PBC), which owns the NBA's Oklahoma City Thunder.Formerly known as the Seattle SuperSonics, the team was purchased from Howard Schultz in 2006 for approximately $350 million with Bennett promising a good-faith effort to keep the team in Seattle, provided there would be a public commitment to a new arena.
The owners agreed to leave the SuperSonics name, logo, colors, banners, trophies, and records in Seattle for a possible future NBA franchise; [disputed – discuss] [21] [22] however, the items would remain the property of the Oklahoma City team along with other "assets", including championship banners and trophies until a new Seattle team ...
The team relocated to Oklahoma City and began play as the Oklahoma City Thunder in the 2008–09 basketball season, becoming the third NBA franchise to relocate in the 2000s. The Professional Basketball Club on January 8, 2008, sold the Storm to an ownership group consisting of four Seattle businesswomen. [6]
Then, the city would spend $50 million contributed by the Thunder ownership, before using a minimum of $772 million expected to be financed through the sales tax beginning on April 1, 2028.
[disputed – discuss] [4] On September 3, 2008, the team name, logo, and colors for the Oklahoma City franchise were revealed to the public. The name "Thunder" was chosen due to Oklahoma being a frequent victim of powerful storms due to its location in Tornado Alley, and Oklahoma City housing the 45th Infantry Division, the Thunderbirds. [5] [6]
Thunder general manager Sam Presti speaks during an introductory press conference for the 2024 Thunder draft picks at Oklahoma Contemporary Arts Center in Oklahoma City, Saturday, June, 29, 2024.
Pages in category "Oklahoma City Thunder owners" The following 5 pages are in this category, out of 5 total. This list may not reflect recent changes. B.
Oklahoma City Thunder guard Luguentz Dort (5), forward Jaylin Williams, left, forward Gordon Hayward and forward Jalen Williams, right end a postgame interview after an NBA basketball game between ...