Showing posts with label sonix. Show all posts
Showing posts with label sonix. Show all posts

Wednesday, January 13

Nenad Now!

The folks behind the Sonicsgate documentary have come up with a great prank to play on The Team That Must Not Be Named.

EA is bringing back NBA Jam and letting the fans pick the rosters. Now, suppose instead of Durant, Green and Westbrook, the Sonix were represented by Thabo, Nenad and Harden?

If you'd like to help make this Dream Team a reality, just head over to the NBA Jam website. Voting ends January 18th, so make every click count!

Monday, July 27

Chesapeake Lay Offs Beg Question


Two years from now, how likely is it that Seattle will have an NBA team and our old friend Aubrey McClendon will not? A year ago, a question such as that would have drawn a hearty laugh, but now? Not so much.

You may recall that Chesapeake Energy admitted to approximately 50 layoffs earlier in the year, but some are saying that's only the tip of the iceberg. According to the Journal Record of Oklahoma City, it is suspected that as much as 10 to 20 percent of the company's workforce will be laid off, if they haven't been laid off already, a figure of nearly 600 employees (first reported by KOKH).

Considering that the Sonix are in a money-losing situation, and considering that CHK is run by a man who is peddling wine, posters, and whatever he can dig out of the basement so that he might make the next interest payments on his debts, you can't help but wonder how badly Aubrey McClendon wishes he could get out of his obligations to Clay Bennett and the NBA these days. When you add in the other looming spectre of BP's supposed buyout of the company (and the subsequent rendering of Mr. McClendon as obsolete), that question gets even stronger still.

I understand, Oklahomans, that McClendon performs a myriad of civic duties, that he certainly does not always act in the manner befitting someone on the verge of bankruptcy. So, please, withold your diatribes about how we're a bunch of losers focused on a team which no longer belongs to us. Instead, ask yourself this question: With the economy in peril, with gas prices showing little signs of improvement, and with McClendon financed to the gills (and if you think his $112 million payday in December had anything to do with anything other than enabling him to make his debt payments, quit fooling yourself), how much longer can he continue to operate?

Wednesday, June 24

Ford Center Tax Coming Up Short

Apparently the recession has had an impact on something other than Aubrey McClendon's bank account, as the falling number of dollars spent by consumers has also caused a decline in sales tax revenue in Oklahoma City, meaning the city now is falling short of cash for the $100 million Ford Center renovations. (via AP)

Shocking, I know.

If the trend continues for the tax - which was approved by OKC voters in March 2008 - by the time it is completed in March 2010, it will be about $15 million short, meaning the city will have to, as the AP put it: "start trimming projects or seek new modes of funding."

Translation: Don't expect any new picnic tables at Hefner Lake Park.

Of course, we all know the Sonix will do everything they can to make this work, as the team's ownership is firmly committed to Oklahoma City. Right? What's that, the team has an opt-out clause in their lease? C'mon, that can't be true, can it?

The team can opt out of the arena lease, the food and beverage agreement and the practice facility lease at the end of six years and at one or more other undetermined point in time during the initial 15-year lease if the average of team ticket revenue for the preceding two years fall below 85% of a benchmark of average ticket revenues in the first two full seasons following completion of arena renovations.

Oh, yeah, that clause.