Contact Us

Arena Deal Reached In Seattle

Facebook

The “Memorandum of Understanding” between the Seattle City Council and investor Chris Hansen paves the way for a new arena and a possible return of an NBA team to Seattle.

 

Seattle City Council members Tuesday morning outlined an amended arena agreement with investor Chris Hansen that they said offers greater protection for taxpayers and begins to fix Sodo traffic problems that the Port of Seattle says could threaten its operations.

The deal also provides $7 million to help KeyArena stay viable.

The deal has not been finalized, but approval is likely. Some council members acknowledged that  arena opponents such as the Port of Seattle, the Mariners and the Manufacturing Industrial Council still have concerns.

You can read the complete details here.

Hansen thanked his supporters in a statement on his website.

“Your voices were heard and your hearts spoke volumes. I really hope you all just appreciate how much it meant and what a difference each and every one of you made.”And on that note, I would personally like to buy you all a beer at F.X. McRory’s this Thursday from 5-7. First beer for everyone is on me.”

Seattle Supersonics fans all over the northwest, including Yakima, are now hoping to see an NBA team return to Seattle.

 

 

More from newstalkkit.com

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://newstalkkit.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on News Talk KIT quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Sign up for an account to comment, share your thoughts, and earn points to get great prizes.

Register on News Talk KIT quickly by logging in with your Facebook account. It's just as secure, and no password to remember!