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July 18, 2006

Sonics sold off; local techies stand to cash in

Posted by Kim Peterson at 3:22 PM

The Sonics and Storm have been sold to an Oklahoma City group for $350 million, which likely means a pretty nice payout for some of the local tech crowd that owned the teams. Click here for the whole list of Sonics team owners.

The techies in the group include:

John Stanton, former chairman of Western Wireless and former CEO of VoiceStream Wireless (now T-Mobile USA)
Theresa Gillespie, Stanton's wife and a former vice-chair of Western Wireless
Peter van Oppen, chief executive of ADIC
W. Russell Daggatt, former Teledesic president
Alan Bender, former Western Wireless and T-Mobile executive and his wife Joyce
Mikal Thomsen, the former president and COO of Western Wireless and wife Lynn
Naveen Jain, chief executive of Intelius
Greg Maffei, former Microsoft executive and chief executive of Liberty Media

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