Natasha Ryan of KING reports that Rep. Mike Hope (and isn't that an aptly named man if there ever was one) has drafted legislation that would fund a prospective arena for Seattle to replace KeyArena, and, possibly, bring the NBA back to the Emerald City.
Rep. Hope would bring $150 million to the table by introducing a new tax on athletes who play at the arena, one which he says is similar to those used in other arenas around the country, as well as a specialty license plate for Sonic fans, which he hopes will raise upwards of $10 million.
There is also talk of the arena being able to hold an NHL team as well, but, obviously, this is all veeeery premature. Stay tuned.