Clay Bennett, partners save $30 million

 
BY MIKE BALDWIN, Staff Writer, mbaldwin@opubco.com | Published: January 2, 2010   

Thunder chairman Clay Bennett and his Professional Basketball Club LLC partners officially saved $30 million, hours after the team won its fifth consecutive game Thursday night.

photo - Thunder chairman Clay Bennett and his Professional Basketball Club LLC partners saved $30 million because Seattle did not approve funding to renovate KeyArena by the end of 2009. PHOTO BY JOHN CLANTON, THE OKLAHOMAN ARCHIVE
Thunder chairman Clay Bennett and his Professional Basketball Club LLC partners saved $30 million because Seattle did not approve funding to renovate KeyArena by the end of 2009. PHOTO BY JOHN CLANTON, THE OKLAHOMAN ARCHIVE

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As part of an agreement signed in July 2008, Bennett’s group agreed to pay the city of Seattle $45 million to escape the final two years of a contract with KeyArena. Another condition...
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