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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 ]
Oklahoma City Mayor David Holt, an avid supporter of the stadium subsidy, stated that he was confident that the team would leave Oklahoma City unless the city paid for the new stadium. [107] In a December 2023 referendum, Oklahoma City voters voted to pay for at least $850 million of the cost of the stadium while the team, valued at $3 billion ...
The Thunder has not won a championship since the franchise moved to OKC in 2008. The closest OKC came to a title was in 2012. The team suffered a 4-1 series loss to Miami in the NBA Finals.
Oklahoma City Council approved a contract with the architect team for the new OKC arena Tuesday.
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.
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.
Whose sentiments about the team’s path don’t need rehearsal, but were original and long dreamt of from afar. Presti sought that, even making a trip to Hartenstein’s hometown of Eugene ...