Our favorite Sonics reporter, Frank Hughes, reports that local real estate stud David Sabey wants to buy the team. Please. God. Make it so.
Seattle SuperSonics chairman Clay Bennett has been offered the opportunity to sell the team to local real estate developer David Sabey, according to three sources, but for now has rejected the proposal.
Also, Seattle Storm chief operating officer Karen Bryant three months ago broached the topic of purchasing the WNBA team from Bennett, according to sources, but was rebuffed because Bennett thinks he has more leverage with both entities together.
Sabey was part of Howard Schultz’s ownership group, which sold the Sonics and Storm to Bennett last July for $350 million.
Sabey recently purchased 55 acres of land at the south end of Boeing Field for $91 million that, sources say, he wants to use as a site for a new arena.
Read the rest here.
(Story found on the great Seattlest site)
This story sounds too good to be true, so I'm going to keep the
fine champagne on ice for now, but if this goes down, I am going to give David Sabey
the biggest man-hug of all time.
