- Sep 25, 2001
- 29,391
- 2,738
- 126
LINK
- NBA approved the move
- Seatle sueing Sonics to honor remaining 2yrs of KeyArena lease
- Owners expect to incur an expected $60 million in losses if they stay in Seatle.
- the city rejected $26.5 million offer to buy out the final two years of the lease
- "the loser is likely to appeal the verdict, which could take a year or longer to resolve, and virtually guarantee the Sonics will play another season in Seattle."
um.. how much is the current lease per year?
if current lease < $60M, then pay off the lease and move!? else stay.
everything says the new Sonics owners are in the wrong? and/or could have avoided this whole lawsuit/trial debacle by just paying off the lease in full?
- NBA approved the move
- Seatle sueing Sonics to honor remaining 2yrs of KeyArena lease
- Owners expect to incur an expected $60 million in losses if they stay in Seatle.
- the city rejected $26.5 million offer to buy out the final two years of the lease
- "the loser is likely to appeal the verdict, which could take a year or longer to resolve, and virtually guarantee the Sonics will play another season in Seattle."
um.. how much is the current lease per year?
if current lease < $60M, then pay off the lease and move!? else stay.
everything says the new Sonics owners are in the wrong? and/or could have avoided this whole lawsuit/trial debacle by just paying off the lease in full?