From a piece in the NY Times:
The owners […] had warned that the team would leave unless the city provided a new arena.
The vote delighted Citizens for More Important Things, a group that, with the help of a statewide health care union, spent $60,000 to sponsor the initiative. Other cities “may be so desperate to lure tourists there that they have to overpay for an N.B.A. team,†said Chris Van Dyk, a founder of the group. “[We don’t] have to lure anybody.â€Â
Mr. Van Dyk’s priorities are schools, transportation projects and health care, and he openly disdains wealthy people who buy professional teams, pay huge salaries to players and then demand handouts. Owners who threaten to take their teams elsewhere, Mr. Van Dyk said, are no better than “the neighborhood crack cocaine dealer.â€Â
that team should definitely change its name for the rest of their stay in Seattle to the Seattle Shrugs.
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There was a time in Seattle when the Sonics were the hottest thing in town. Is the popularity of the NBA in decline? Given the movement of teams (actual or threatened) in the last few years, it definitely seems so. Perhaps we’re reaching a point where owners are pricing themselves out of their markets.
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