sponsor


Homepage > Oklahoma City News
E-Mail News Alerts
Get breaking news and daily headlines.
Browse all e-mail newsletters
Related To Story
Slam Dunk
KOCO

Schultz Suit Could Hamper NBA In OKC

POSTED: 11:34 pm CDT July 3, 2008
UPDATED: 11:39 pm CDT July 3, 2008

Former Seattle SuperSonics owner Howard Schultz has filed a lawsuit that could threaten the team’s long term future in Oklahoma City.

Schultz sold the team to Clay Bennett in 2006, but claims Bennett did not act in good faith in his attempts to keep the Sonics in Seattle. His suit asks to nullify the sale or force Bennett to base the team in Seattle.

Schultz could ask the court for an injunction to keep the team from playing in Oklahoma City this fall, but his attorney doesn’t plan to do that.

A source close to Schultz told KOCO that he wants Seattle investors, including Microsoft billionaire Steve Ballmer, to put a bid together to buy the team if Bennett’s purchase is invalidated. A possible injunction could hamper the search for new owners, the source said.

The lack of an injunction means the team will almost certainly play in Oklahoma City next season. But a Schultz legal victory could possibly bring the Sonics back to Seattle’s KeyArena for 2009-2010.

Links We Like

Sponsored Content

Psoriasis is a chronic disease that most often appears on the scalp, elbows, knees and elsewhere. Learn more with these top 10 questions about psoriasis. More

Choosing the right kind of rose for your particular climate is the key to growing beautiful roses the easy way. More

Ever wonder if going back to school to earn an MBA is the right thing for you? Find out just how much an MBA can impact your paycheck. More

Stop wandering around car dealership lots and take advantage of this powerful search engine that can help find the perfect car for you in no time. More

Like online video? Then you'll love Now See This.

Links We Like includes a selection of information, tools and resources from our partners and sponsors.
PhotoVote
Check out this week's PhotoVote contest, "Summer Picnic."
Plus, navigate through our archives.
Favorites: Cute Kittens | Odd Couples | Oops
Sponsored Links
Consumer Info

Sponsored Content Provided by ARA