Field of Schemes

Sonics co-owner: We wanted OKC all along - wait, are you writing this down?
August 14, 2007

"Throw another move threat on the fire: Yesterday, Seattle Sonics minority owner (and billionaire natural gas mogul) Aubrey McClendon told the Oklahoma City Journal Record that he was 'under a self-imposed gag order' regarding operations of the team - then yammered at length about it, including the statement: 'We didn't buy the team to keep it in Seattle; we hoped to come here. We know it's a little more difficult financially here in Oklahoma City, but we think it's great for the community and if we could break even we'd be thrilled.'" . . . | more

Victory! Voters in both Seattle, WA and Sacramento, CA went against sports team owner demands for corporate welfare in ballot measures on Tuesday, November 7. Field of Schemes has the breakdown:

From Neil deMause of Field of Schemes:

"In a move that significantly ups the ante over the team's arena demands, the Seattle Sonics and Storm were sold today for $350 million to Oklahoma businessman Clayton Bennett, the leader of an investment group put together to acquire an NBA franchise for Oklahoma City.