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Last Updated: Wednesday, 19 July 2006, 03:58 GMT 04:58 UK
Oklahoma group to buy SuperSonics
SuperSonics investor Clay Bennett
SuperSonics investor Bennett is weighing up the options
A group from Oklahoma City have agreed to buy NBA team Seattle SuperSonics and WNBA's Seattle Storm.

The Basketball Club of Seattle will sell the teams to the Professional Basketball Club LLC for $350m (£192m).

The head the investors, Clay Bennett, said relocation would depend on whether an agreement can be reached with the city to replace or renovate KeyArena.

"It's not our intention to move or relocate, as long as we can negotiate a successor venue to the current arena."

Oklahoma City, currently without any kind of major league franchise, hosted the New Orleans during the Hornets' absence from hurricane-hit Louisiana last season.



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