Ballmer Trying To Keep Sonics In Seattle


	Ballmer Trying To Keep Sonics In Seattle

Andrew Farrell

3-7-2008 2:58 PM

581 views

Andrew Farrell says:

Billionaire and Microsoft CEO Steve Ballmer wants to help renovate the aging Sonics arena. The current owners of the NBA franchise are hoping to move it to Oklahoma City but a rejuvenated home court could stop that.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/5b037d01-7bb8-4617-9eb4-9322ba020a26/B6CC6BDB-3F3F-4F04-BC58-70EA38BBAFDD/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.usatoday.com/sports/basketball/nba/sonics/2008-03-06-key-arena-pitch_N.htm" href="http://www.usatoday.com/sports/basketball/nba/sonics/2008-03-06-key-arena-pitch_N.htm" style="font-size: 11px;">www.usatoday.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.usatoday.com/sports/basketball/nba/sonics/2008-03-06-key-arena-pitch_N.htm"><P class="inside-copy">Making a last-ditch effort to potentially save professional hoops, the city of Seattle unveiled a $300 million KeyArena renovation plan on Thursday, along with the heavy hitters of local business who are willing to provide a significant financial stake.</p> <P class="inside-copy">Griffin and his three partners — Microsoft Corp. Chief Executive Steve Ballmer, Costco Wholesale Corp. president and CEO Jim Sinegal and wireless entrepreneur John Stanton — have agreed to contribute $150 million to the arena renovation, contingent on the group's ability to purchase the SuperSonics or another NBA franchise. Only recently did the group up its offer from about $75 million.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/B6CC6BDB-3F3F-4F04-BC58-70EA38BBAFDD/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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