Sonics Sold to Oklahoma City Group

The ColumbianJuly 20, 2006

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Summary


SEATTLE -- A group from Oklahoma City has agreed to buy the Seattle SuperSonics and the WNBA's Seattle Storm, the Sonics said Tuesday.

The Basketball Club of Seattle will sell the teams to the Professional Basketball Club LLC, headed by Oklahoma City businessman Clay Bennett, for $350 million.

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Sonics Sold to Oklahoma City Group

Bennett said at an afternoon news conference that whether the Sonics remain in Seattle for the long term would depend on if the team can reach an agreement with the city to r...

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