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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.
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.
More: Mussatto: Why Oklahoma City, despite new arena plan, is far from hosting NBA All-Star Game This article originally appeared on Oklahoman: Kevin Durant reflects on time with OKC Thunder: 'It ...
The Thunder play at the Paycom Center since the 2008–09 season. The Oklahoma City Thunder are an American professional basketball team based in Oklahoma City. The Thunder compete in the National Basketball Association (NBA) as a member of the Northwest Division of the Western Conference. The team plays its home games at the Paycom Center. [1]
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.