I've been following this situation from afar but a lot of news has come out this month:
What if the group that includes former Sonics president Wally Walker can accumulate enough property south of Safeco Field and gain a few concessions from the Seattle City Council (an increase in the hotel-motel tax, a surcharge on tickets) to build an arena that will be predominantly privately funded?
The NBA already has told interests in Seattle the new Sonics could play in KeyArena for the next two years while the arena was under construction. And there have been published reports the NHL would be interested in a similar agreement with the Key for the Coyotes.
The idea of NHL hockey at the Key, with its terrible sightlines, seems a bit of a stretch, but desperate times call for desperate measures.
Once the clearcut favourite to land the Phoenix Coyotes when the NHL finally ends its interminable stay in Arizona, Quebec City's inability to act on a new building has let another player into the race.
Seattle is the city with buzz in NHL circles and word has now leaked out that financier Christopher Hansen has been working with city officials in the northwest metropolis to construct a new facility.
Both NHL commissioner Gary Bettman and NBA boss David Stern have league-owned franchises they want to unload and there is talk they've been huddling and considering a common solution.
Two franchises in one building is good business and the relationship shared by Bettman and his old boss at the NBA is a factor. They have similar problems and with a little diplomacy they might be able to help ease one another's burden.
Spoke to a WA govt official last night who had been in contact with #Arena investors. Says the deal is 'extremely close'. #NBA #NHL #SoDo
ESPN 710 Interview with Mayor McGinn on potential arena
He seems confident that the new arena wouldn't just be for a NBA team but also a NHL team.
I would also expect more news to come out around March 1st. That is the day that the Sacramento Kings have a hard deadline to work out something with Sacramento to stay put though it looks like its all but certain they will relocate.
Edited by thefiestygoat, 14 May 2013 - 08:03 PM.