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Lets clear up some misconceptions that keep getting put out there.
@ClimateArena is designed for the NBA. It has NBA locker rooms & a revenue model attractive to owners.
The "third tenant" myth is a lie. NBA owner would share equity in building & be partners w/ @SeattleKraken
@ClimateArena is designed for the NBA. It has NBA locker rooms & a revenue model attractive to owners.
The "third tenant" myth is a lie. NBA owner would share equity in building & be partners w/ @SeattleKraken
Partnerships with Live Nation & @oakviewgroup are ASSETS that will help the NBA be profitable. Both of these ventures fill dates and make $ that will be shared w/ potential NBA owner.
The finances have been approved by the NBA and reviewed locally by consultant Carl Hirsch.
The finances have been approved by the NBA and reviewed locally by consultant Carl Hirsch.
Every single one of @ClimateArena's contracts contains an NBA escalator clause, including their naming rights deal w/Amazon.
During the process a well known NBA executive served as "mock owner" reviewing every deal.
When the NBA comes those contracts increase & everybody wins.
During the process a well known NBA executive served as "mock owner" reviewing every deal.
When the NBA comes those contracts increase & everybody wins.
Ticket sales,, sponsorships & partnerships for @ClimateArena are unprecedented. An owner chosing to partner w/this group would benefit from their all star staff and existing relationships while any new building would be speculating about revenue & competing against them.
Also, there is already an NBA ownership group in place, including Celtics owner David Bonderman, Jerry Bruckheimer, incoming Amazon CEO Andy Jassy, the most successful sports executive in history & the most successful arena manager in history.
Attractive teammates indeed.
Attractive teammates indeed.
A lot of people have worked very hard on this and it is frustrating that others keep implying our business model won't be attractive to the NBA.
Going forward it would be best if people talked about their own status & accomplishments instead of diminishing & slandering others.
Going forward it would be best if people talked about their own status & accomplishments instead of diminishing & slandering others.
All I have ever wanted is to bring the Sonics back. @leiweketim, @ClimateArena, @oakviewgroup, @OvgSeattle have delivered on every promise. They have assembled the team that can get it done. I believe & support them because I can look at their track record.
FINALLY our day has come and I don't intend to get distracted by old politics or red herring debates.
Follow the commissioners lead. Cheer for any bid and be happy. Enjoy the coming ride because we have earned it.
Follow the commissioners lead. Cheer for any bid and be happy. Enjoy the coming ride because we have earned it.
