The Seattle SuperSonics' Move to Oklahoma City

Name: The Seattle SuperSonics' Move to Oklahoma City
Start: 1967-07-02
Location: Unspecified

The Historic Move of the Seattle SuperSonics

In 2008, an important chapter in sports history unfolded when the Seattle SuperSonics, a beloved NBA franchise, formally relocated to Oklahoma City. This move came after years of turmoil surrounding the team's lease at KeyArena and increasing pressure from the new owner, Clay Bennett. Seattle had long been a proud home for basketball enthusiasts, and this shift not only affected the local fan base but also left a significant mark on the NBA landscape.

Seattle SuperSonics' Legacy

The Seattle SuperSonics were founded in 1967 and achieved notable success, including winning the NBA Championship in 1979. The team was known for its enthusiastic fan support and played a vital role in the city's cultural fabric. However, challenges such as declining attendance and disputes over arena financing contributed to the dire situation leading to the proposed move.

The Role of Clay Bennett

Clay Bennett, who purchased the SuperSonics in 2006, became the focal point of the team's relocation efforts. His desire to move the franchise to Oklahoma City stemmed partly from a lucrative opportunity in a city that had lost its own NBA team, the Seattle SuperSonics' former playoff rival became increasingly attractive to owners looking to maximize revenue.

The Settlement with the City of Seattle

As part of the relocation agreement, Bennett and his ownership group reached a settlement with the City of Seattle. They agreed to pay a hefty sum of $45 million to exit the final two years of the team’s lease at KeyArena prematurely. This settlement was characterized as an attempt to smooth over tensions and acknowledge the importance of the team's history in Seattle, while also providing a financial cushion for the city.

Financial Implications of the Move

The financial arrangement of $45 million was pivotal. It not only provided Seattle with immediate financial relief post-departure but also served to end legal disputes between the city and Bennett's group. This deal exemplified how business issues often overshadow the emotional connections fans have with their teams.

Impact on Oklahoma City

The move marked a significant turning point for Oklahoma City, where the SuperSonics would rebirth as the Oklahoma City Thunder. The city quickly embraced the team, leading to renewed enthusiasm for basketball and significant economic growth spurring from the team's presence.

Fun Fact

The Last Match in Seattle

Interestingly, the SuperSonics played their last game in Seattle on April 16, 2008, symbolizing the end of an era for the franchise and the city. This poignant event was deeply felt by long-time fans, many of whom still advocate for the return of an NBA team to Seattle.