I'm probably getting ahead of myself, but as a Sonics fan in the wilderness, I'll take what I can get. (Reggie Evans has 16.6 Reb48!)
SEATTLE -- Christopher Hansen is making a $290 million proposal to his hometown that could be the impetus for a new sports arena that could bring the NBA and NHL to Seattle.
All he needs is city and county approval and the two franchises to make it a reality.
Hansen submitted a proposal to the city on Thursday that calls for $290 million in private investment, plus the cost of acquiring an NBA franchise, to help construct a facility that would cost between $450 million and $500 million.
According to a letter submitted by the Seattle native to the city, the remaining construction and development costs would be financed by the city and King County using taxes and revenues generated by the new facility and rent charged to the teams playing in the arena. City officials are adamant that there will be no new public taxes needed for the building.
The city and county's debt service for the arena would be capped at $200 million.
So who are the candidates (NBA and NHL) to move?
I'm thinking New Orleans, which would let the Bobcats change their name to the Hornets and everything in the world would be right.
Edited by Infield Infidel, 16 February 2012 - 08:07 PM.