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Tag Archives: sonics

Chris Hansen adds additional $75 million to Kings Purchase Price

chris

All hail the great Chris Hansen. This guy just does not stop, ever. He added an additional $75 million to the deal to purchase the Kings in order to further increase our chances of bringing the sonics home. “In an effort to further demonstrate the extent of our commitment to bring basketball back to Seattle, we have elected to voluntarily increase our proposed purchase price for the Sacramento Kings NBA Franchise by $75 million — from an enterprise value of $550 million to $625 million”, Hansen stated in a message written to Sonics fans. Read the entire thing by clicking HERE. Bring Back Our Sonics.

Chris Hansen Gives Us a Closer Look at the New Sonics Arena

sonics arena

Chris Hansen hopped online to offer us a more detailed look at the “Sonic Rings” feature of the proposed new arena and it looks super dope. Hansen also announced that the deadline to sign up for the Priority Ticket Waitlist is April 1st at 1pm. We suggest you get on that pronto if you haven’t already.

Read the entire message from Mr.Hansen himself right here: To All the Green & Gold Faithful

Seattle Group buys the Sacramento Kings for $500 Million

The news that almost everyone in Seattle has been waiting to hear since the original Sonics were shipped off to Oklahoma a few years back. Seattle is getting a new NBA team! Yahoo’s Adrian Wajnarowski got word from sources just a bit ago…

From Yahoo
“The deal will sell the Kings for approximately $500 million to a group led by hedge-fund manager Chris Hansen and Microsoft chairman Steve Ballmer. The group is seeking to relocate the franchise to Seattle’s Key Arena for the 2013-14 season.

The Seattle group’s plans, with support of the NBA, is to play two seasons in Key Arena before moving into a new Seattle arena, sources said.
No agreement has been signed, but one source with knowledge of the talks described the deal as “first and goal at the 1.”

The Chris Hansen led group from Seattle wants to bring the team back immediately after this season ends, with the team playing in the old Key Arena as the new stadium is being constructed in Seattle’s Sodo district, home of the Seattle Seahawks and Seattle Mariners. Tacoma, WA native and UW Alumni, Isaiah Thomas and Seattle native Aaron Brooks both play for the Kings currently.

Time to celebrate, Seattle.

Rich Kids Brand x Jet City Stream Radio Interview

Our Public Relations Director Joe Jessie recently got to go on air with Jet City Stream and talk to them about the brand, what we stand for, and some of our future plans. Jet City Stream is composed of (Seattle Supersonics legend) Shawn Kemp, Melle Montana, and Anthony Adams. We’d like to thank them for the opportunity to talk about the brand and really appreciate their support. Here’s the full interview below (fast forward to 43 minute mark).

Chris Hansen and City of Seattle reach Deal on Financing New Arena

“SEATTLE – Multiple Sources confirmed Monday that a deal has been reached between the Seattle City Council and the investor group led by Chris Hansen on the financial terms that would put a new sports arena near Safeco Field.”

“A key, multi-million dollar concession by Hansen that could see his investor group spend more out of pocket to build the arena appears to have brought reluctant councilmembers onboard with the project. City Council members are expected to make an official announcement outlining the terms of the agreement on Tuesday.”

SOURCE

Chris Hansen buys land for new Arena in Seattle

Chris Hansen just took another big risk and ended up finally buying the land for a new arena so that we can have the Sonics back. He purchased a building south of Safeco field for $8 million giving him a total of $49 million worth of land. The risk in this is because Hansen and the city still have a lot of things to figure out with a new arena costing around $490 million to construct. Hopefully the city and Hansen can get together to figure something out because needless to say we really need a basketball team again. Click HERE for more info.

New Music Video from Blue Scholars: “Slick Watts”

Seattle’s very own Blue Scholars dropped an amazing video earlier today showing all the great areas of “The Town”. Here’s their new music video for “Slick Watts” with more cameos than we could count. Great day to drop a Seattle track with King Felix having that perfect game at the same damn time.

Chris Hansen names New Investors for Sonics Arena

SEATTLE — Investor Chris Hansen has named Steve Ballmer and Peter and Eric Nordstrom as his financial partners in his plan to build an NBA-NHL arena to Seattle’s SoDo neighborhood._ Source

OKC Thunder Finish Off the Lakers

There’s been a lot of drama surrounding the Oklahoma City Thunder today, especially with those shirts that someone made over there thanking Seattle for giving them the team. That’s not really important to the players though, they’re all about the playoffs as their fans should be too. The Thunder came back to Oklahoma today ahead of the Lakers in the series 3-1. After a very impressive demolishing of the Lake Show in the 4th quarter, they ended up winning the game (106-90) and advancing to the Western Conference Finals. Top performer for the Lakers was non other than Kobe Bryant with 42 points and for the Thunder it was Kevin Durant with 25 points, 10 rebounds, and 4 steals. Russell Westbrook also had a great performance with 28 points and James Harden added 17 to give the OKC “Big Three” a combined 70 points. Up next the Thunder take on the Spurs. For complete coverage and video recap click HERE.

Seattle One Step Closer To New Sports Arena

Looks like we are getting close folks, check out the article here.

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