Search results
Results from the WOW.Com Content Network
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 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 ...
Oklahoma City Council approved a contract with the architect team for the new OKC arena Tuesday.
The Seattle SuperSonics relocation to Oklahoma City was a successful effort by the ownership group of the Seattle SuperSonics to relocate the team from Seattle, Washington to Oklahoma City, Oklahoma. The team began play as the Oklahoma City Thunder in the 2008–09 NBA season , after becoming the third National Basketball Association (NBA ...
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 ...