Storm Chasers: Clay Bennett Sells WNBA Team To Local Group
 |
WNBA Storm Being Sold
To Seattle-Based Group |
The WNBA Storm have been "sold to local owners, and the team will stay in Seattle,” according to sources cited by Jayda Evans of the SEATTLE TIMES. WNBA President Donna Orender and Storm COO Karen Bryant today are scheduled to make an announcement on the deal. The identity of the owners and terms of sale have not been released, but Bryant is "not believed to be one of the new owners.” Save Our Sonics & Storm co-Founder Brian Robinson said, “You always knew there would be a strong likelihood the Storm would stay. It’s good for fans of women’s basketball. And it ends a lot of uncertainty.” Sonics & Storm Owner Clay Bennett “had previously said many times that he would not separate the franchise and sell the Storm, but potential local, private ownership groups continued to approach him in order to buy the team and keep it in Seattle.” Since the Storm are now “believed to be independent, it will have to pay its own rent” at KeyArena, as well as its own "marketing and front-office support, which were once handled under the Sonics umbrella.” The club's lease with the arena expires after the ’08 season (SEATTLE TIMES, 1/8). A source said that the new ownership group “includes at least one woman” (SEATTLE POST-INTELLIGENCER, 1/8).
|
Related Stories By Company
|
Related Stories By Sport
|
Fever, Storm May Sell Jersey Sponsorships
June 5, 2009 :
SportsBusiness Daily
Storm Adjust To Independent Life
May 21, 2009 :
SportsBusiness Daily
WNBA Storm Relocate HQs To Interbay
February 13, 2009 :
SportsBusiness Daily
Seattle, Storm Finalize KeyArena Lease
February 3, 2009 :
SportsBusiness Daily
WNBA Storm Seeks New Staff, Lease Deal
August 6, 2008 :
SportsBusiness Daily
|
Ticket Package Offered For Flyers, 76ers
November 20, 2009 :
SportsBusiness Daily
NBPA Says Total Player Compensation Down
November 20, 2009 :
SportsBusiness Daily
Magic Johnson, Cisco Team For Initiative
November 19, 2009 :
SportsBusiness Daily
Nets Finding Unique Ways To Draw Fans
November 19, 2009 :
SportsBusiness Daily
Grizzlies Optimistic Despite AI Departure
November 18, 2009 :
SportsBusiness Daily
|
|
