Player staff have a salary cap but coaching, scouting wtc doesnt. Seahawks facilities and stadium have also slipped to middling since Paul Allen died. Was state of the art under him which may also attract players.
Really, the only question is the price tag for the expansion team. $4 bill is probably the floor as that was the suns valuation not too long ago.
Who pays that for the sonics. I know someone will but who? Not like Seattle is short on billionaires. I doubt bonderman can alone. Can Andy jazzy?
The current Kraken ownership group is the clear cut favourite for the new expansion team in Seattle.
In most circumstances, ala Houston and NHL, you'd automatically default to the owner of the current primary tenant. But, since OVG is the operator of the arena, that's the same situation as Houston where the city owns the arena and the Rockets have the management agreement. So, it doesn't have to be Bonderman, but, all signs point to Bonderman as the primary owner, even with other investors.The current Kraken ownership group is the clear cut favourite for the new expansion team in Seattle.
Owners Of NHL's Kraken Considered 'Heavy Favorites' To Be Awarded Seattle's NBA Franchise
Owners Of NHLs Kraken Considered Heavy Favorites To Be Awarded Seattles NBA Franchise - RealGM Wiretapbasketball.realgm.com
Bonderman's also selling his shares in the Boston Celtics(cause you can't have shares in two NBA franchises) and the group has also had many conversations(nearly weekly) with potential parties that are interested to join the group.
At least according to Chris Daniels who now has a weekly show/podcast on Komo News called Inside the Arena.
Ya ya. I know you like the Timbers but I do want to root for a Seattle team ..
Ya ya. I know you like the Timbers but I do want to root for a Seattle team ..
