International Business News - SuperSonics http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Turns out, the SuperSonics are still in Seattle. All their stuff is, anyway. http://www.ibtimes.com/articles/20080711/supersonics-relics-in-limbo-at-seattle-arena.htm Fri, 11 Jul 2008 11:19:21 EDT The NBA wants to intervene in former SuperSonics owner Howard Schultz's bid to regain control of the team, claiming it would interfere with the stable operation of the franchise. http://www.ibtimes.com/articles/20080709/nba-wants-to-intervene-in-supersonics-lawsuit.htm Wed, 09 Jul 2008 15:45:01 EDT There was another sign of progress in the Seattle SuperSonics' transition to Oklahoma City on Tuesday as the team's Web site was updated to include its new home. http://www.ibtimes.com/articles/20080709/nba-supersonics-name-gone-from-web-site.htm Wed, 09 Jul 2008 10:03:10 EDT Clay Bennett finally found a dollar amount that would sever his contentious relationship with the city of Seattle--$75 million. As a result, the SuperSonics are headed to Oklahoma City with Bennett leading the way, leaving behind the team name, colors and 41 years of history. http://www.ibtimes.com/data/articleimgs/84708-supersonics-seattle-trial-basketball.jpg http://www.ibtimes.com/articles/20080703/last-minute-deal-lets-sonics-move-to-oklahoma-city.htm http://www.ibtimes.com/articles/20080703/last-minute-deal-lets-sonics-move-to-oklahoma-city.htm Thu, 03 Jul 2008 10:32:08 EDT The SuperSonics rested their case to move to Oklahoma City atop a comical drawing of a brain. Sonics lawyer Brad Keller enlivened closing arguments Thursday to the trial over whether the Sonics will stay for the final two years of their lease in KeyArena or move. He asked how former U.S. Sen. Slade Gorton could have been involved in a plan to inflict financial harm on Sonics owner Clay Bennett and force him to sell the team to local investors without telling Seattle's top leaders. http://www.ibtimes.com/articles/20080627/nba-sonics-trial-ends-decision-coming-wednesday.htm Fri, 27 Jun 2008 11:18:06 EDT A federal judge denied a request Thursday to allow Seattle's deputy mayor testify in court that he and the mayor's office had no direct knowledge of a plan to inflict financial pain on SuperSonics owner Clay Bennett. http://www.ibtimes.com/articles/20080626/mayors-testimony-barred-in-supersonics-trial.htm Thu, 26 Jun 2008 15:51:15 EDT Turns out, Seattle leaders have some issues with e-mail, too. After months of enduring bombshell releases of incriminating messages that seemed to doom their case, the SuperSonics have produced damning e-mail from Seattle power brokers in the trial that will determine whether the team will move to Oklahoma City or be forced to play the final two years of its lease at Seattle's KeyArena. http://www.ibtimes.com/articles/20080625/sonics-turn-tables-on-seattle-with-new-e-mails.htm Wed, 25 Jun 2008 11:01:03 EDT The SuperSonics said in court Friday that the city of Seattle tried to make it too expensive for them to leave town. The accusations stemmed from a previously sealed document that was admitted Friday as an exhibit in the city's lawsuit against the team. It discussed "locking them into losses" and exposing "the league to embarrassment in a market they like." http://www.ibtimes.com/articles/20080620/testimony-to-end-friday-in-sonics-lease-trial.htm Fri, 20 Jun 2008 17:23:13 EDT SuperSonics owner Clay Bennett testified Wednesday that he made mistakes in dealing with the city of Seattle after he bought the team in 2006. "We bought this team with grand visions for success," he said. "Did we do everything right, and did we understand everything there was to understand? Certainly not." http://www.ibtimes.com/articles/20080619/owner-of-nbas-supersonics-acknowledges-mistakes.htm Thu, 19 Jun 2008 12:16:13 EDT SuperSonics owner Clay Bennett testified Wednesday that he made mistakes in dealing with the city of Seattle after he bought the team in 2006. "We bought this team with grand visions for success," he said. "Did we do everything right, and did we understand everything there was to understand? Certainly not." http://www.ibtimes.com/articles/20080618/supersonics-owner-back-on-stand-admits-mistakes.htm Wed, 18 Jun 2008 15:08:13 EDT SuperSonics owner Clayton Bennett testified Tuesday that the team's financial losses at KeyArena are "ever-growing," but that he has the resources to absorb them. http://www.ibtimes.com/articles/20080617/team-owner-bennett-takes-stand-in-sonics-trial.htm Tue, 17 Jun 2008 13:37:20 EDT A deal is a deal, and the SuperSonics should stay, a Seattle lawyer told a judge Monday as a federal trial over the team's KeyArena lease began. SuperSonics owner Clay Bennett is trying to move the team--Seattle's oldest professional sports franchise--to his hometown of Oklahoma City, two years before the lease expires. Bennett, who sat expressionless at the defense table, is hoping to pay Seattle no more than $10 million in lost rent for the next two seasons. http://www.ibtimes.com/articles/20080616/seattle-lawyers-tell-judge-sonics-should-stay.htm Mon, 16 Jun 2008 17:07:04 EDT One of the most anticipated trials in Seattle history is set to begin Monday, complete with bloggers and protesters. The six-day, no-jury trial in federal court will settle the final two years of the SuperSonics' lease at KeyArena. Sonics owner Clay Bennett has gained the NBA's approval to move the team to his hometown of Oklahoma City, but Seattle argues its lease forces the franchise to play two more seasons before departing. The contentious showdown has turned personal between the... http://www.ibtimes.com/data/articleimgs/72840-supersonics.jpg http://www.ibtimes.com/articles/20080616/supersonics-seattle-trial-begin-monday.htm http://www.ibtimes.com/articles/20080616/supersonics-seattle-trial-begin-monday.htm Mon, 16 Jun 2008 10:11:10 EDT Seattle has already rejected owner Clay Bennett's $26 million offer to take his SuperSonics to Oklahoma City immediately. Now the Sonics are trying to make that deal look sweet compared to what could be coming. http://www.ibtimes.com/articles/20080613/sonics-think-10m-should-buy-out-seattle-lease.htm Fri, 13 Jun 2008 11:22:33 EDT The SuperSonics' argument for why they should be allowed to move to Oklahoma City next season is succinctly stated in the trial brief for the team's upcoming court battle with the city of Seattle. http://www.ibtimes.com/articles/20080612/sonics-think-10m-should-buy-out-seattle-lease.htm Thu, 12 Jun 2008 16:45:54 EDT A federal judge on Monday declined to place limits on what evidence the owners of the Seattle SuperSonics may offer during a trial that could determine whether the team moves to Oklahoma City next season. http://www.ibtimes.com/articles/20080609/judge-rules-on-pretrial-motions-in-sonics-case.htm Mon, 09 Jun 2008 15:15:50 EDT A federal judge ruled documents subpoenaed from a group that attempted to buy the Seattle SuperSonics from their Oklahoma-based owners can remain sealed. http://www.ibtimes.com/articles/20080509/documents-from-potential-sonics-buyers-to-remain-sealed.htm Fri, 09 May 2008 11:31:25 EDT A trial that likely will determine whether the SuperSonics play in Seattle or Oklahoma City next season will begin June 16 as scheduled. U.S. District Judge Marsha Pechman on Tuesday denied a motion by the team's owners for her to rule on how much money Seattle could be awarded in damages should the Sonics leave the city before next season. http://www.ibtimes.com/articles/20080507/trial-to-determine-fate-of-nbas-sonics-to-begin-in-june.htm Wed, 07 May 2008 15:10:51 EDT NBA commissioner David Stern will not be ordered to testify in a case brought by the city of Seattle to try to keep the SuperSonics from moving, though a federal judge may consider ordering the testimony in the future. http://www.ibtimes.com/articles/20080429/stern-not-ordered-to-testify.htm Tue, 29 Apr 2008 09:39:06 EDT