Skip navigation
Site powered by
Latest news:
msnbc.com: Top msnbc.com headlines: Price of gas up nearly 12 cents in last 3 weeks

Buyers' roots suggest they'll move Sonics

5 Oklahoma businessmen have worked for years to get team in area

BennettAP
Oklahoma City businessman Clay Bennett smiles as he holds up a Seattle SuperSonics jersey presented to him by fomer owner Howard Schultz in Seattle on Tuesday.

A group of five "homegrown" Oklahoma businessmen who made their fortunes in banking, energy and telecommunications had worked over the years to bring a major sports franchise to their hometown. When they finally landed a team, it was an NBA franchise 2,000 miles away.

The Oklahoma-based investors say they intend to keep the Sonics and Storm in Seattle, but their deep ties to the civic and business life of Oklahoma City -- and the city's hunger for a major franchise -- suggest otherwise.

Clay Bennett, former part-owner of the San Antonio Spurs and chairman of a private investment company, heads Professional Basketball Club LLC, the new ownership group whose roster reads like a who's who of the Oklahoma City business elite.

"They're all homegrown Oklahoma City businessmen," said Mayor Mick Cornett, who added that his "head was still spinning" with the news. "They're among our largest civic leaders."

Bennett, 46, was instrumental in helping to lure the New Orleans Hornets to Oklahoma City last season when the basketball franchise was searching for a place to play following the devastation of Hurricane Katrina. The Hornets will play 35 games there in the 2006-2007 season.

The success of the Hornets at the 19,599-seat Ford Center with sellout crowds and average attendance that ranked in the NBA's top 10 raised hopes that the Sonics could end up there.

"People are starting to connect the dots," Cornett said, as rumors swirled before the announcement Tuesday afternoon. But he later said it's presumptuous to assume that the Sonics were coming to Oklahoma City.

"This city loves the NBA and we could support the NBA," said Roy Williams, president and CEO of the Greater Oklahoma City Chamber of Commerce. "We're now an NBA city. Whether or not the Sonics end up here, no one can really answer that question yet."

For now, the city remains pro Hornets, he said.

"We've all bought tickets to the game, engaged in the draft process," Williams said. "We know all the players. Until someone tells us differently, that's where our allegiance is."

Bennett repeatedly insisted Tuesday that the owners will make every effort to negotiate a deal that would allow them to stay in Seattle.

"Clay Bennett is a guy who can get things done," Cornett said.

"He's so highly respected and so well-connected and he's so savvy. And you combine all of that, and you've got a person who can really have an impact."

Bennett, chairman of the investment firm Dorchester Capital, was the lead negotiator in trying to figure out how to make the Hornets deal happen, Williams said.

He came up with the idea of "pioneer partners" -- rallying support from major corporations to cover up to a $10 million revenue gap if the Hornets didn't make enough money while playing in Oklahoma City last season. The Hornets did, and the investors didn't have to cover the gap, Williams said.


advertisement
More news
Image: Kobe Bryant
AP
Kobe's shot lifts Lakers

Kobe Bryant hit a baseline jump shot with 4.2 seconds left and the Los Angeles Lakers wrapped up a six-game road trip by holding on to beat the Raptors 94-92 on Sunday, their eighth victory in nine meetings with Toronto

Rondo's triple-double carries Celtics over Bulls

  Rajon Rondo recorded a triple-double with 32 points, 15 assists and 10 rebounds to lead the Boston Celtics to a 95-91 win Sunday over the Chicago Bulls, who were without star guard Derrick Rose.

  ProBasketballTalk tweets

  1. Loading the latest posts…

Source: Twitter. For more, follow @basketballtalk.

Video: NBA from NBC Sports
Knicks, Lin still streaking
Knicks coach Mike D'Antoni and point guard Jeremy Lin discuss the team and Lin's recent success.

Slideshow
Washington Wizards v Charlotte Bobcats
  Get your cheer on
Check out some of the dancers from the NBA.

more photos

  Ask the NBA expert: Ira Winderman

Do you have a burning NBA question? Submit it now, and then check back for our reader mailbag.

Special feature
Image: LeBron James
Who will be MVP?
Interactive: Rank each player on a scale of 0 to 10 (10 = best player, 0 = barely worthy of consideration).

NBCSports.com

Slideshow
Image: Blake Griffin
  NBA All-Star starters
A look at the starting lineups for the East and West teams.

more photos