City Of Seattle Agrees To Arena Deal To Host NBA Team :::: NBA


logo - Seattle SuperSonics

Is Seattle getting back into the NBA world?
According to the Associated Press, the Seattle City Council has agreed to a deal that would build a $490 million arena that could host NBA and NHL teams.
But, as press time, plans for a specific team moving to the city is unknown.
The King County Council previously approved the plan that calls for $200 million in public money. However, the City Council wanted investor Chris Hansen to address concerns about traffic congestion raised by the Port of Seattle and businesses in the area south of downtown.
The agreement announced by council members Tuesday (September 11) creates a $40 million transportation infrastructure fund. So far, Hansen has already acquired land for an arena near the stadiums for the NFL's Seahawks and MLB's Mariners, where the NBA stadium would be.
Seattle has been without an NBA team since new owners moved the Sonics to Oklahoma in 2008, where the franchise was renamed the Thunder.
Stay tuned...

 

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