Sonics Trial Blog
Seattle Times reporters Percy Allen, Jim Brunner and Danny O'Neil are filing updates from the courthouse throughout the day.
SubscribeJune 16, 2008 2:54 PM
How much did team pay for 1994 renovations?
Posted by Percy Allen
Judge Marsha Pechman called for a 15-minute recess about eight minutes into Sonics attorney Paul Taylor's cross-examination of former Seattle Center director Virginia Anderson.
Taylor was trying to establish how much the team has paid for the $84 million KeyArena renovation in 1994.
He asserted the team paid $115 million, but Anderson said the city used its borrowing capacity to buy the bonds and, in exchange, Seattle received 60 percent of revenue from the suite sales, 40 percent of revenue from the club seats sales and a portion of concession for non-Sonics games.
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Recent stories
Sonics attorneys focus on city's "poisoned well" plan
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Documents
2007 "Poisoned Well" document (PDF)
Ward: "Are we doomed to have another lameduck season in Seattle?" (PDF)
Bennett's e-mail to Stern: "You are just one of my favorite people on earth" (PDF)
Clay Bennett and Sonics' court filing (PDF)
Multimedia
Gallery | Seattle SuperSonics: Lasting memories
Gallery | Bittersweet night for Sonics fans
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Other links
Trial coverage from www.newok.com
ESPN.com | Hope (still) springs in Seattle