NBA legend's MLB career highlights and stats, Zion Williamson lawsuit filed by ex-agent Gina Ford involves NBA star reneging $100k deal, Chinese state broadcaster 'resolute' on NBA blackout. In July 2006, Aubrey McClendon, his Chesapeake Energy co-founder Tom Ward and Clayton Bennett orchestrated a deal to buy the Seattle SuperSonics NBA team (along with the WNBA's Storm) from Starbucks founder Howard Schultz for $350 million. This week's The Last Dance featured the 1995-96 SuperSonics team with stars like Gary Payton. #NBAVault pic.twitter.com/ohcjPJif1T, Also read | Was Michael Jordan good at baseball? Story behind the team relocating to Oklahoma in 2008, NBA teams could face upto $28.75 million penalty due to luxury tax problems: Report, Was Michael Jordan good at baseball? In an Oklahoma Journal-Record article, McClendon stated that they bought the team so they could move it to OKC, as it could be great for community despite being a little 'difficult financially'. The 1995-96 Seattle SuperSonics were tough pic.twitter.com/iZrKOJi7PC, Also read | Zion Williamson lawsuit filed by ex-agent Gina Ford involves NBA star reneging $100k deal. The team is the third NBA franchise to relocate in the 2000s and had multiple lawsuits filed in its name before the NBA 2008-09 season. After the team moved to OKC, the character was retired and is now a part of Seattle's intellectual property after the lease settlement. The Seattle SuperSonics relocation to Oklahoma City was a successful effort by the ownership group of the Seattle SuperSonics to relocate the team from Seattle, Washington to Oklahoma City, Oklahoma. The Sonics were born in 1967 following an expansion of the NBA. The group were in negotiations with the town of Renton in Washington, but the Washington legislature did not put up taxpayer money in 2007. On this day in 1994, 8th seeded Denver Nuggets complete the upset against top seeded Seattle Supersonics with an overtime Game 5 victory! The move to Oklahoma did help the team, as the teams value reportedly jumped from $268 million to $329 million in 2011. The city of Seattle also sued the group as they wanted the team to play there for two more years. Also read | Chinese state broadcaster 'resolute' on NBA blackout, PM Modi to address the nation at 6 pm; says 'will be sharing message, definitely join', Rahul Gandhi slams Kamal Nath for sexist 'item' jibe at Imarti Devi: 'Don't appreciate it', 'We'll show you door long before showing you kaagaz': TMC's Moitra on Nadda's CAA promise, What happened to Seattle SuperSonics? Later, OKC threatened Schultz with a lawsuit if he tried blocking or preventing the deal. A 15-year lease was negotiated between Sonics and Mick Cornett, who is a former newscaster. The character's performer, Marc Taylor, now performs as Thunder's 'Rumble the Bison' as his contract continued after the relocation. and 'When did the Sonics move to OKC?'. While Stern and Bennett cleared things between them as Stern still reportedly had faith in him, the NBA commissioner levied a $250,000 fine on McClendon. In an email to McClendon on August 13, 2007, Bennett was concerned about the legal implications his statement could have had and undermined their basic premise of 'good faith best efforts'.
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