Reply

Old 04-15-2008, 10:19 AM   #1 (permalink)
Dissonance19
Moderator
 
Dissonance19's Avatar
 
Join Date: Jul 2004
Location: Tampa, Florida
Age: 25
Posts: 15,783
Credits: 3,042,276.48
Blog Entries: 4
Rep Power: 10175141 Dissonance19 has a reputation beyond repute Dissonance19 has a reputation beyond repute Dissonance19 has a reputation beyond repute Dissonance19 has a reputation beyond repute Dissonance19 has a reputation beyond repute Dissonance19 has a reputation beyond repute Dissonance19 has a reputation beyond repute Dissonance19 has a reputation beyond repute Dissonance19 has a reputation beyond repute Dissonance19 has a reputation beyond repute Dissonance19 has a reputation beyond repute
Reports: Schultz to claim Sonics owners breached terms of sale

link

Quote:
The former owner of the Seattle SuperSonics plans to sue the current owners to get the team back, arguing they breached a condition of the sale to make a "good-faith effort" to keep Seattle's oldest pro sports franchise from leaving town, according to Seattle-area media reports.

Starbucks chairman and CEO Howard Schultz, who sold the Sonics to an Oklahoma City-based group led by Clay Bennett, will not seek monetary damages, but wants the team back, according to his attorney, Richard Yarmuth.

It's not money damage. It's to have the team returned," Yarmuth said, according to The Seattle Times. "The theory of the suit is that when the team was sold, the Basketball Club of Seattle, our team here, relied on promises made by Clay Bennett and his ownership that they desired to keep the team in Seattle and intended to make a good-faith effort to accomplish that."

The team's ownership group has sought NBA approval to move the team to Oklahoma City for next season. The city has taken the team to court to enforce its lease at Key Arena, which runs through September 2010.

The lawsuit, expected to be filed in the next two weeks, comes after the city obtained and made public e-mails among members of the current Sonics ownership group, in which they are seen privately discussing a move to Oklahoma City at the same time they were publicly pledging to continue "good-faith" efforts to remain in Seattle.

After purchasing the team and the WNBA's Seattle Storm from Schultz in July, 2006 for $350 million, Bennett promised to spend one full year after the purchase was approved to seek a viable home for the Sonics in Seattle. The NBA approved the sale of the Sonics in October 2006.

Bennett's trips to Washington state to lobby for a proposed $500 million arena in suburban Renton and his hiring of a Seattle-based lobbyist and architectural firm have no bearing on the lawsuit, Yarmuth told The Times.

"We're talking about fraud at the time the contract was signed," Yarmuth said, according to the newspaper. "It's not merely what activities, good faith or otherwise, were engaged in after the contract was signed so far as lobbying for a new stadium."
Dissonance19 is online now   Reply With Quote
Sponsored Links
Advertisement
 

Old 04-15-2008, 10:29 AM   #2 (permalink)
croco
Offense <> Defense
 
croco's Avatar
 
Join Date: Feb 2005
Location: Germany
Age: 21
Posts: 10,727
Rep Power: 5333554 croco has a reputation beyond repute croco has a reputation beyond repute croco has a reputation beyond repute croco has a reputation beyond repute croco has a reputation beyond repute croco has a reputation beyond repute croco has a reputation beyond repute croco has a reputation beyond repute croco has a reputation beyond repute croco has a reputation beyond repute croco has a reputation beyond repute
Re: Reports: Schultz to claim Sonics owners breached terms of sale

Does anyone not think that Schultz was/is lying just as much as Bennett ? If he really wants the team back he should have made that effort months ago or never sell the franchise to start with.
croco is online now   Reply With Quote
Old 04-15-2008, 02:40 PM   #3 (permalink)
Chan
Legend
 
Chan's Avatar
 
Join Date: Jul 2005
Location: Shoreline, WA
Age: 19
Posts: 16,117
Credits: 12,153.09
Blog Entries: 10
Rep Power: 21474856 Chan has a reputation beyond repute Chan has a reputation beyond repute Chan has a reputation beyond repute Chan has a reputation beyond repute Chan has a reputation beyond repute Chan has a reputation beyond repute Chan has a reputation beyond repute Chan has a reputation beyond repute Chan has a reputation beyond repute Chan has a reputation beyond repute Chan has a reputation beyond repute
Re: Reports: Schultz to claim Sonics owners breached terms of sale

A PR stunt? Or if this actually works, Schultz is our savior? I'm gonna be pessimistic about this.
__________________
Hold on a sec, sweetie.
Chan is offline   Reply With Quote
Old 04-15-2008, 02:41 PM   #4 (permalink)
Ruff Draft
Welcome to the D, baby.
 
Ruff Draft's Avatar
 
Join Date: Nov 2004
Location: Michigan
Age: 21
Posts: 6,818
Credits: 293,227.32
Rep Power: 3428603 Ruff Draft has a reputation beyond repute Ruff Draft has a reputation beyond repute Ruff Draft has a reputation beyond repute Ruff Draft has a reputation beyond repute Ruff Draft has a reputation beyond repute Ruff Draft has a reputation beyond repute Ruff Draft has a reputation beyond repute Ruff Draft has a reputation beyond repute Ruff Draft has a reputation beyond repute Ruff Draft has a reputation beyond repute Ruff Draft has a reputation beyond repute
Re: Reports: Schultz to claim Sonics owners breached terms of sale

This could get ugly.
__________________
"I'm not just saying we are going to do it my way, I'm just saying we are going to do it the Championship Way."
-Michael Curry

2008-2009 Detroit Pistons

PG: Allen Iverson, Rodney Stuckey, Will Bynum
SG: Rip Hamilton, Arron Afflalo
SF: Tayshaun Prince, Walter Herrmann, Walter Sharpe
PF: Kwame Brown, Jason Maxiell, Amir Johnson
C: Rasheed Wallace
Ruff Draft is offline   Reply With Quote
Old 04-15-2008, 02:56 PM   #5 (permalink)
Tooeasy
Star
 
Tooeasy's Avatar
 
Join Date: Nov 2003
Location: washington state... again
Age: 25
Posts: 3,886
Credits: 24,723.70
Rep Power: 1476024 Tooeasy has a reputation beyond repute Tooeasy has a reputation beyond repute Tooeasy has a reputation beyond repute Tooeasy has a reputation beyond repute Tooeasy has a reputation beyond repute Tooeasy has a reputation beyond repute Tooeasy has a reputation beyond repute Tooeasy has a reputation beyond repute Tooeasy has a reputation beyond repute Tooeasy has a reputation beyond repute Tooeasy has a reputation beyond repute
Re: Reports: Schultz to claim Sonics owners breached terms of sale

the big thing here is howard probably is stressing the potential of him not being able to push his coffee beans in the northwest like he has been... as it is starbucks is having to downsize as theyve oversaturated the market, and now are having to compete with both dunkin donuts and mcdonalds. Starbucks is kind of on a downward spiral right now, and although the sonics might not matter to everyone in washington, the dick move that howard pulled in the first place by selling the team will be much more publicized if they move.
__________________
TOOEASY'S FAVE FIVE

1. Chris Paul
2. Monta Ellis
3. Rudy Gay
4. Kevin Durant
5. Lebron James
Tooeasy is offline   Reply With Quote
Old 04-15-2008, 02:56 PM   #6 (permalink)
Tooeasy
Star
 
Tooeasy's Avatar
 
Join Date: Nov 2003
Location: washington state... again
Age: 25
Posts: 3,886
Credits: 24,723.70
Rep Power: 1476024 Tooeasy has a reputation beyond repute Tooeasy has a reputation beyond repute Tooeasy has a reputation beyond repute Tooeasy has a reputation beyond repute Tooeasy has a reputation beyond repute Tooeasy has a reputation beyond repute Tooeasy has a reputation beyond repute Tooeasy has a reputation beyond repute Tooeasy has a reputation beyond repute Tooeasy has a reputation beyond repute Tooeasy has a reputation beyond repute
Re: Reports: Schultz to claim Sonics owners breached terms of sale

still, kudos to him.
__________________
TOOEASY'S FAVE FIVE

1. Chris Paul
2. Monta Ellis
3. Rudy Gay
4. Kevin Durant
5. Lebron James
Tooeasy is offline   Reply With Quote
Old 04-15-2008, 06:08 PM   #7 (permalink)
Pimped Out
> You
 
Pimped Out's Avatar
 
Join Date: May 2005
Location: Real America
Posts: 15,466
Credits: 25,567.69
Rep Power: 18413865 Pimped Out has a reputation beyond repute Pimped Out has a reputation beyond repute Pimped Out has a reputation beyond repute Pimped Out has a reputation beyond repute Pimped Out has a reputation beyond repute Pimped Out has a reputation beyond repute Pimped Out has a reputation beyond repute Pimped Out has a reputation beyond repute Pimped Out has a reputation beyond repute Pimped Out has a reputation beyond repute Pimped Out has a reputation beyond repute
Re: Reports: Schultz to claim Sonics owners breached terms of sale

If he didnt want the team to move, he would have found some local investors.
__________________

Everything you ever needed to know about distilleries
Pimped Out is offline   Reply With Quote
Old 04-17-2008, 12:41 AM   #8 (permalink)
number1pick
Benchwarmer
 
Join Date: May 2007
Posts: 235
Credits: 25.00
Rep Power: 507177 number1pick has a reputation beyond repute number1pick has a reputation beyond repute number1pick has a reputation beyond repute number1pick has a reputation beyond repute number1pick has a reputation beyond repute number1pick has a reputation beyond repute number1pick has a reputation beyond repute number1pick has a reputation beyond repute number1pick has a reputation beyond repute number1pick has a reputation beyond repute number1pick has a reputation beyond repute
Re: Reports: Schultz to claim Sonics owners breached terms of sale

If he does get the team back, they will be sold to a different group, one that is Seattle based and wants to keep the team in there.
number1pick is offline   Reply With Quote
Old 04-18-2008, 03:23 AM   #9 (permalink)
tha supes
Veteran
 
tha supes's Avatar
 
Join Date: Aug 2003
Location: WA
Posts: 1,329
Credits: 189.49
Rep Power: 635783 tha supes has a reputation beyond repute tha supes has a reputation beyond repute tha supes has a reputation beyond repute tha supes has a reputation beyond repute tha supes has a reputation beyond repute tha supes has a reputation beyond repute tha supes has a reputation beyond repute tha supes has a reputation beyond repute tha supes has a reputation beyond repute tha supes has a reputation beyond repute tha supes has a reputation beyond repute
Re: Reports: Schultz to claim Sonics owners breached terms of sale

if this is true, lets give the guy a break and not be so hard on him. maybe he really wouldn't have sold the team if he knew it would turn out like this.
__________________
__________________________________________________ _____
Looking for the end of the Championship drought: Seattle Seahawks (Never,Formed 1976), Seattle Mariners (Never,Formed 1977) -- 63 composite seasons since last championship.]
tha supes is offline   Reply With Quote
Old 04-18-2008, 01:44 PM   #10 (permalink)
DANNY
It's my time now!
 
DANNY's Avatar
 
Join Date: Aug 2005
Location: Orange County
Posts: 4,594
Credits: 22,755.48
Rep Power: 2365467 DANNY has a reputation beyond repute DANNY has a reputation beyond repute DANNY has a reputation beyond repute DANNY has a reputation beyond repute DANNY has a reputation beyond repute DANNY has a reputation beyond repute DANNY has a reputation beyond repute DANNY has a reputation beyond repute DANNY has a reputation beyond repute DANNY has a reputation beyond repute DANNY has a reputation beyond repute
Re: Reports: Schultz to claim Sonics owners breached terms of sale

what a lame drama this has turned out to be

kudos to those two idiots for making seattle fans fall to ZZZ
__________________

I Love This Game

DANNY is offline   Reply With Quote
Old 04-19-2008, 04:13 AM   #11 (permalink)
Chan
Legend
 
Chan's Avatar
 
Join Date: Jul 2005
Location: Shoreline, WA
Age: 19
Posts: 16,117
Credits: 12,153.09
Blog Entries: 10
Rep Power: 21474856 Chan has a reputation beyond repute Chan has a reputation beyond repute Chan has a reputation beyond repute Chan has a reputation beyond repute Chan has a reputation beyond repute Chan has a reputation beyond repute Chan has a reputation beyond repute Chan has a reputation beyond repute Chan has a reputation beyond repute Chan has a reputation beyond repute Chan has a reputation beyond repute
Re: Reports: Schultz to claim Sonics owners breached terms of sale

Quote:
Originally Posted by tha supes View Post
if this is true, lets give the guy a break and not be so hard on him. maybe he really wouldn't have sold the team if he knew it would turn out like this.
No. He was a terrible owner who gave us a half decade of nothing, who also happened to sell out the team.
__________________
Hold on a sec, sweetie.