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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]
Bennett was one of the owners of the San Antonio Spurs in the mid-1990s, where one of his primary duties was to represent the team on the NBA Board of Governors.Immediately before the 2005–06 NBA season, Bennett, along with Aubrey McClendon of Oklahoma City–based Chesapeake Energy Corporation, Tom L. Ward of Oklahoma City–based SandRidge Energy Corporation, and G. Jeffrey Records Jr. of ...
A plan for such build-out improvements began in 2007. It came in the wake of the acquisition of the Seattle SuperSonics by an Oklahoma City-based ownership group the previous October. A city ballot initiative approved by a 62 percent margin on March 4, 2008, extended a prior one-cent city sales tax for a period of 15 months in order to fund ...
The Oklahoma City Council voted Tuesday to set a Dec. 12 citywide vote on a proposed 1% sales tax for six years that would fund a new $900 million downtown arena and keep the NBA's Thunder in the ...
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.
When a group of Oklahoma City investors moved the NBA’s SuperSonics from Seattle in 2008 and renamed the franchise the Thunder, civic pride swelled at the arrival of the state’s first major ...
[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]
After New York's Buffalo Bills stadium ran $300 million over budget, Oklahoma City taxpayers wonder who will pay if the Thunder's new arena goes over.