Kraken owner David Bonderman passes away

[MMC]

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[Thierry]

Damn. What does it mean for the Kraken?

 

[hamzarocks]

Damn. What does it mean for the Kraken?

He likely has a successor who was appointed his heir to control his business ventures which includes the Kraken.

Maybe a son or daughter, maybe someone else.

The league I assume would conduct background check and vet to make sure his appointed succsessor is not a risk to NHLs re

RIP to the man though. Looked like he wasnt too old

 

[gstommylee]

Bonderman's daughter is already involved as a co-owner of the team since 2022-23 season. So that doesn't change anything there.

 

[WarriorofTime]

Rest in peace. Bringing an nhl team to Seattle is one heck of a legacy.

 

[KirkAlbuquerque]

RIP

 

[Drake1588]

His daughter, Samantha Holloway, is already a co-owner and there will presumably be limited change. Some of the minority owners include film producer Jerry Bruckheimer, longtime NHL/NBA/NFL owner/arena builder Tod Leiwecke, Amazon CEO Andy Jassy, Sounders FC owner Adrian Hanauer, Seahawks RB Marshawn Lynch, and rapper Macklemore. Some of them might have certain rights to grow their stake in the event of his death, but she's likely to minimize disruption, I'd think.

 

[olli]

Legend rip

 

[StreetHawk]

His daughter, Samantha Holloway, is already a co-owner and there will presumably be limited change. Some of the minority owners include film producer Jerry Bruckheimer, longtime NHL/NBA/NFL owner/arena builder Tod Leiwecke, Amazon CEO Andy Jassy, Sounders FC owner Adrian Hanauer, Seahawks RB Marshawn Lynch, and rapper Macklemore. Some of them might have certain rights to grow their stake in the event of his death, but she's likely to minimize disruption, I'd think.

Outside of the Kraken, did the Bonderman group have to be involved with purchasing the Sonics? I mean, they do have one of the more unique arena management setups in sports. Where, the city owns the land, but the OVG operates the avenue and the Kraken are like the tenant. Agreement had to be setup that it works for OVG, Kraken and future Sonics.

 

[gstommylee]

Outside of the Kraken, did the Bonderman group have to be involved with purchasing the Sonics? I mean, they do have one of the more unique arena management setups in sports. Where, the city owns the land, but the OVG operates the avenue and the Kraken are like the tenant. Agreement had to be setup that it works for OVG, Kraken and future Sonics.

Bonderman had minority owner share of the NBA Celtics and wanted to help to bring the NBA back to Seattle.

The NBA coming back to Seattle goes through CPA so it and Holloway had said that things are being setup to have a parent organization with 2 sub organization one the kraken and the other being NBA There will be other investors joining once NBA opens expansion process.

Its unlikely there would be some other group that has nothing to do with CPA or the kraken organization showing up trying to get the seattle team.

 

[Drake1588]

Outside of the Kraken, did the Bonderman group have to be involved with purchasing the Sonics? I mean, they do have one of the more unique arena management setups in sports. Where, the city owns the land, but the OVG operates the avenue and the Kraken are like the tenant. Agreement had to be setup that it works for OVG, Kraken and future Sonics.

Bonderman was the leading contender, and his daughter Holloway was helming that group's bid to bring an NBA team back. Bonderman was expected to divest a minority stake in the Celtics first.

NBA commissioner updates timeline on possible Sonics return

NBA commissioner Adam Silver said the league will consider this fall whether to enter a process of expanding, which is expected to include Seattle.

www.seattletimes.com