Eric Williams covered the Sonics' last season in Seattle. A Tacoma native, Eric graduated from Mount Tahoma High and the University of Puget Sound.
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I managed to scramble up to Seattle and make it to the 11 a.m. press conference. If you haven't heard already, the Sonics ownership group filed for arbitration with the City of Seattle challenging the KeyArena lease.
posted a general overview of the press briefing below, and I'll have more details this afternoon.
Seattle SuperSonics chairman Clay Bennett announced in a press conference Friday morning that the Sonics ownership group filed for arbitration with the City of Seattle in an effort to establish parameters for a buyout of the KeyArena lease.
Bennett did say that the Sonics will play the 2007-08 season in KeyArena, and the WNBA Seattle Storm will play the 2008 season at the Seattle Center facility.
However, Bennnett reaffirmed earlier statements made in the media, saying KeyArena as it currently stands, or a remodeled KeyArena, is not a viable option and dysfunctional situation economically.
Bennett’s group has retained the Seattle law firm of Byrnes and Keller. Seattle attorney Brad Keller was on hand to answer questions.
Bennett also said that he had received the market feasibility study from the Muckleshoots and intends to study a potential deal to build a new arena at the
Auburn site near Emerald Downs. The Muckleshoot have committed to donating the 26.5 acre site it owns as a gift to build a 18,500-seat NBA arena.
Bennett also said he has received other proposals to build arenas in the Seattle area. He also said his group received offers from local groups to purchase the team, but that his group does not intend to sell the NBA franchise.
Bennett made his comments during a 40-minute press conference held in a conference room at a hotel in downtown Seattle.
