The city of Seattle has been working behind the scenes the past eight months with a hedge-fund manager to bring an NBA team back to town— possibly as early as next fall if the Sacramento Kings fail to get a satisfactory deal for a new arena, newly released documents show.
The city turned over the documents to The Seattle Times on Friday under a public records request (http://is.gd/PyQ06N ). The documents included the agenda for a meeting between the parties on Dec. 13, with topics including “Review of Basic Deal Structure,” “City Debt Capacity” and “Financing Issues.”
The documents don’t mention how Seattle would obtain a team, but the Times reported that they show the city has been following developments in Sacramento, which is under a March 1 deadline to come up with a proposal to build an arena for the Kings.
After what happened with the Sonics-turned-Thunder, it'd be great if Seattle could get a team back. However, it'd be a shame for the Kings lineage - which dates back to 1945, with membership in the BAA/NBA since 1948 - to be lost in the process. Since Seattle has retained the Sonics' name, colours and records, I imagine that's what the Kings would become if they moved to Seattle. Certainly an unusual situation.