Originally published April 29, 2008 at 12:00 AM | Page modified April 29, 2008 at 6:46 PM
PrintOklahoma City approves final lease terms with Sonics
The Oklahoma City Council has approved the final portion of its lease terms with the Seattle SuperSonics, including a clause requiring the team include Oklahoma City in its name upon relocation.
The Associated Press
OKLAHOMA CITY — The SuperSonics better get used to a new name if they make the move from Seattle.
The Oklahoma City Council on Tuesday approved the final portion of its lease with the club, including a clause requiring the team to include Oklahoma City in its name.
The SuperSonics' relocation has been approved by the NBA, but the team's attempt to break its lease with Seattle is pending in federal court.
The last piece of the lease to be completed was the team's food and beverage agreement for the Ford Center. It calls for the SuperSonics to get 40 percent of revenues from concession sales and 25 percent of sales from courtside seats, luxury suites and other premium seating areas.
Copyright © 2008 The Seattle Times Company
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