Skip to content

Seattle arena backer cleared to shop for NBA team

Sep 14, 2012, 7:59 AM EDT

Seattle SuperSonics v Denver Nuggets Getty Images

Seattle, you have a green light.

With developer Chris Hansen on the verge of a $490 million financial agreement with the Seattle City Council — it’s been recommended for approval but there is a final vote ahead on the renegotiated memorandum of understanding — the possibility of an NBA return to Seattle has never looked better.

What they need now is a team.

Hansen, at a celebration event for the deal at a Seattle bar Thursday, told the AP the NBA has been watching the process. He also tried to caution fans that this is not going to be instantaneous.

“I worry that people are expecting us to get this deal done and it be like magic and a team would be here this year. It’s like, `Poof and we’ve got a deal done and where is our team?’ This is a far more difficult process. I think anybody who is intimately familiar with the NBA knows this is a tough next phase we have to go through.”

A lot of people are looking to Sacramento and the Kings as a team Seattle bound, but that is not likely in the short term. The Maloof family (which owns the Kings) seems to live in a fairytale land where someone will build them an arena but let the Maloofs retain majority ownership of the team and rake in the profits from the arena. Something that’s going to happen right after my first date with Kate Upton.

After that, there are not easy to move teams out there. The New Orleans Hornets just got a new owner who will keep them in town. The Memphis Grizzlies are about to get a new owner and have a rock-solid lease anyway. Owner Herb Kohl is looking for future owners that keep the Bucks in Milwaukee.

But Seattle is in the market. It may not happen as fast as Seattle fans want, but they are shopping and that is a big step.

Latest Posts
  1. All PBT’s first round playoff previews in one place

    Apr 19, 2014, 2:15 AM EDT

    San Antonio Spurs v Miami Heat - Game 7 Getty Images

    Making your playoff preview reading convenient.

  2. Grizzlies guard Nick Calathes suspended 20 games for violating NBA’s anti-drug policy

    Apr 19, 2014, 1:54 AM EDT

    Nick Calathes, Damian Lillard AP

    Grizzlies’ guard will definitely be missed in the rotation.

  3. Craig Sager has acute leukemia

    Apr 19, 2014, 1:50 AM EDT

    Indiana Pacers v Miami Heat - Game Five Indiana Pacers v Miami Heat - Game Five

    We may not see him on the sidelines of TNT games these playoffs.

  4. NBA Playoff Preview: Brooklyn Nets vs. Toronto Raptors

    Apr 18, 2014, 11:55 PM EDT

    Brooklyn Nets v Toronto Raptors Getty Images

    This should be the East’s most competitive first round matchup.

  5. NBA Playoff Preview: Charlotte Bobcats vs. Miami Heat

    Apr 18, 2014, 10:31 PM EDT

    How quickly can Miami flip the switch?

  6. NBA Playoff Preview: Atlanta Hawks vs. Indiana Pacers

    Apr 18, 2014, 9:16 PM EDT

    Indiana Pacers v Atlanta Hawks Getty Images

    Can the Pacers regain their early-season swagger now that the playoffs are here?

  7. PBT Extra: Clippers/Warriors playoff preview

    Apr 18, 2014, 6:45 PM EDT

    Los Angeles Clippers v Golden State Warriors Getty Images

    Expect a fight by the end of Game 2.

  8. PBT Extra: Nets/Raptors playoff preview

    Apr 18, 2014, 5:50 PM EDT

    Kyle Lowry, Kevin Garnett, Deron Williams Kyle Lowry, Kevin Garnett, Deron Williams

    People shouldn’t sleep on the Raptors, particularly the Nets.

  9. NBA Playoff Preview: Dallas Mavericks vs. San Antonio Spurs

    Apr 18, 2014, 5:05 PM EDT

    Tony Parker, Samuel Dalembert Tony Parker, Samuel Dalembert

    Dallas has lost nine straight to San Antonio. Don’t expect that streak to stop now.

  10. Ties broken, NBA Draft lottery odds, second half of draft now set

    Apr 18, 2014, 4:19 PM EDT

    Grant Gilbert AP

    All the draft lottery odds are here, so Lakers fans can look and see what that little run of wins to close out the season did to their odds.

  11. PBT Podcast: NBA playoff preview edition

    Apr 18, 2014, 3:27 PM EDT

    Larry O'Brien trophy Getty Images

    We look at all 8 first round series.

  12. 2014 PBT Awards: All-NBA team

    Apr 18, 2014, 1:05 PM EDT

    Los Angeles Clippers v Houston Rockets Getty Images

    First-team frontcourt a constant, but guard spots debated

  13. Report: Steve Kerr “expects” to be offered, will take Knicks coaching job

    Apr 18, 2014, 11:44 AM EDT

    Virginia v Maryland Virginia v Maryland

    While nothing is set in stone (Mike Woodson has yet to be officially fired) you know back channel conversations have already taken place. It sounds like Kerr wants in.

  14. Jordan Brand unveils the Air Jordan XX9

    Apr 18, 2014, 11:10 AM EDT

    Jordan_XX9_695515-005_AJXX9_3Q_original

    Behold: The Air Jordan XX9.

  15. 2014 PBT Awards: Most Valuable Player

    Apr 18, 2014, 11:05 AM EDT

    Lebron James, Kevin Durant Lebron James, Kevin Durant

    Kevin Durant and LeBron James finish 1-2 on every ballot

  16. Why shot-location defense matters

    Apr 18, 2014, 10:33 AM EDT

    Chicago Bulls v Miami Heat Chicago Bulls v Miami Heat

    Playing effective NBA defense is more about dictating shot location than contesting shots.

  17. One more amazing thing LeBron James has done

    Apr 18, 2014, 10:00 AM EDT

    Toronto Raptors v Miami Heat Toronto Raptors v Miami Heat

    Taking a lot of 3s and making a lot of 2s is not easy

Featured video

Warriors vs. Clippers playoff preview
Top 10 NBA Player Searches
  1. C. Anthony (3422)
  2. L. James (3415)
  3. D. Williams (3402)
  4. K. Love (3396)
  5. D. Wade (3363)
  1. S. Curry (3299)
  2. R. Westbrook (3044)
  3. K. Durant (2897)
  4. R. Rondo (2709)
  5. A. Bogut (2694)