Sonics: A last chance to save a historic franchise
Note: this is another piece on the Sonics that was originally earmarked for my Journal blog, but got pulled from there due to an upcoming column on the same issue. Thought I'd put it up here: this situation deserves all the coverage I can give it, in my mind. Microsoft CEO Steve Ballmer finds himself in an unusual position this week. Instead of the usual vilification and curses that accompany mentions of his company, he’s now seen as a potential saviour—at least in Seattle. As the Associated Press reported Thursday, Ballmer and three other local businessmen—Costco CEO Jim Sinegal, Seattle developer Matt Griffin and wireless magnate John Stanton—have agreed to put up $150 million towards a $300-million renovation of Seattle’s Key Arena, the home of the NBA’s SuperSonics. The rest of the cost would be publicly funded. The cash would go towards adding new restaurants, stores and club space. The money’s desperately needed: owner Clay Bennett has repeatedly threatened to relocate th...