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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 Seattle SuperSonics (commonly shortened to Sonics) were an American professional basketball team based in Seattle.The SuperSonics competed in the National Basketball Association (NBA) as a member of the Western Division (1967–1970), and later as a member of the Western Conference's Pacific (1970–2004) and Northwest (2004–2008) divisions.
Barry Allan Ackerley (April 15, 1934 – March 21, 2011) [1] was an American businessman. He was the former chairman and CEO of the Ackerley Group media company. He was also the owner of the Seattle SuperSonics basketball franchise from 1983 to 2001 and the Seattle Storm basketball franchise from 2000 to 2001.
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The Professional Basketball Club on January 8, 2008, sold the Storm to an ownership group consisting of four Seattle businesswomen. [6] On July 31, 2008, the Tulsa 66ers , now Oklahoma City Blue , announced that Professional Basketball Club had purchased the team, marking the third NBA Development League team to be owned by an NBA team ( Los ...
Columnist Danny O’Neil ponders the possible return of the Sonics, and reflects on the culprits who pushed Seattle’s first modern sports franchise out of town.
The company also owned the NBA Seattle SuperSonics and WNBA Seattle Storm professional basketball teams. The Ackerley Group was sold to Clear Channel Communications [ 1 ] (now iHeartMedia) in 2002. Ackerley announced its sale to Clear Channel Communications on October 8, 2001; [ 2 ] the merger was completed on June 14, 2002. [ 3 ]
The Seattle SuperSonics relocation to Oklahoma City was a successful effort by the owners of the Seattle SuperSonics to move the National Basketball Association (NBA) team from Seattle, Washington, to Oklahoma City, Oklahoma. The team, the third NBA franchise to move in the 2000s, began play as the Oklahoma City Thunder in the 2008–09 NBA season.