Sonics Trial Blog
Seattle Times reporters Percy Allen, Jim Brunner and Danny O'Neil are filing updates from the courthouse throughout the day.
SubscribeJune 26, 2008 3:06 PM
Sonics lawyer suggests team's financial losses will only worsen at KeyArena
Posted by Danny O'Neil
The closing statement by Brad Keller, the Sonics lead ttorney, resumed after an afternoon break. Keller discussed financial losses that have exceeded all expectations.
The implication, Keller said, is that those losses will only get worse if forced to stay at KeyArena.
"To what end?" Keller asked.
Is it because Mayor Greg Nickels' said he's an optimist, Keller said.
"That PBC (Sonics owners) will drown in red ink and forced to sell to the Griffin Gang?" Keller said.
The reality, he said, is that four separate times under three different ownership groups, the Sonics have lobbied the state Legislature to fund an arena upgrade.
"The city had five years of chances to fix the problem and we're here today because it couldn't," Keller said.
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Recent stories
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2007 "Poisoned Well" document (PDF)
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Other links
Trial coverage from www.newok.com
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