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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According to a source with knowledge of the situation a settlement has been reached between the City of Seattle and the Seattle SuperSonics ownership group, just hours before an expected announcement by U.S. District Court Judge Marsha Pechman. Details of the settlement were not immediately available.
According to the source, the two sides have been in talks for three weeks, and discussions heated up within the last few days. The City of Seattle is expected to make an announcement at 5 p.m. at City Hall. I'll have an update when more information becomes available.
KING-5 is reporting that Pechman will give her ruling at 4 p.m. even if the sides work out a settlement.
