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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 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 ]
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 ...
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.
The Thunder ownership agreed to contribute $50 million — or an estimated 5.5% — of the potential venue's proposed minimum cost of $900 million, which critics say puts the overwhelming ...
Perhaps for the first time in the history of 23-year-olds, the Oklahoma City Thunder forward turned away from the national TV camera that’d been pinned on him for … a different interview. A ...
The Thunder finished the season 55–27 as the 3rd-seed in the Western Conference. In the first round of the Playoffs the Thunder easily beat the Dallas Mavericks in a 4–1 series victory. The Oklahoma City Thunder continued onto the Western Conference Finals in the NBA Playoffs, but giving up a 3–1 lead against the 73-win Golden State Warriors.
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 ...