State Ejects KeyArena Bill

Published April 23, 2009 at 5:30 p.m.

We've moved on: The Seattle sports love affair has changed teams, never to love professional basketball again, our hearts now belong to another (Go, Sounders!), as the bill to renovate KeyArena and fund additional projects--taxes and debts owed--failed to get any traction with state legislation. With the bill officially benched, the city stands to lose out on $30 million from Clay Bennett, the NBA owner of the Sonics Oklahoma City Thunder. Bennett contractually agreed to pay off the city's lease with KeyArena, but only on the condition that the state would first approve the KeyArena bill this year and not find a replacement NBA team over the course of the next five years.

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