Originally published January 21, 2010 at 7:36 PM | Page modified January 21, 2010 at 11:00 PM
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Clay Bennett agrees to pay former Sonics ticket holders $1.6 million
Clay Bennett and the owners of the Oklahoma City Thunder have agreed to pay former Sonics season-ticket holders $1.6 million to settle a class-action lawsuit.
The owners of the Oklahoma City Thunder have agreed to pay former Sonics season-ticket holders $1.6 million to settle a class-action lawsuit.
Clay Bennett and his Professional Basketball Club, the ownership group that moved the Sonics to Oklahoma less than two years ago, reached the settlement agreement last month. It awaits approval from a federal judge in Seattle.
About 1,000 former season-ticket holders complained that when the Sonics moved, the team reneged on a deal to let them renew their tickets at 2006-07 prices through 2010.
The fans argued that if they had been allowed to transfer their tickets to Oklahoma City, they could have resold them at higher prices.
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