Franchise Sale Could Spell Doom for Pro Basketball in Seattle

Cohen, Jackie
July 2006
Bond Buyer;7/20/2006, Vol. 357 Issue 32427, p33
Trade Publication
The article reports on the announcement of the Professional Basketball Club LLC concerning an agreement of buying Seattle Supersonics and Seattle Storm for $350 million from the Basketball Club of Seattle in Washington. According to the report, the sellers of the Sonics had asked for $200 million in public financing to renovate Key Arena.


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