KeyArena News; Gelabale Signs

KeyArena will still be KeyArena, even if the Sonics are long gone. Key Bank has inked a deal with the city that will cost them $300,000 a year, down from the $1.3 million they used to pay when the Sonics were still around, Chris Sullivan reports. The city council will vote on the revised payment structure at 2 pm today.

Greg Johns at the PI notes that the city is closely following the progress in the state legislature of the two possible stadium bills currently being considered.

Former Sonic Mickael Gelabale has signed a contract with the Lakers' D-League team, the Los Angeles D-Fenders, Ridiculous Upside reports.. Gelly is hoping to resuscitate his career after a terrible knee injury last season.