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Oklahoma City Thunder: Basketball's return to Seattle could have affected Thunder pocketbook

Thunder ownership group might have had to make $30 million payment to city of Seattle.
by Darnell Mayberry Published: January 9, 2013

On July 2, 2008, Bennett said: “We will reserve the name Sonics and SuperSonics and the marks and the colors and will not use them. But we will return them to (Seattle) if a team does indeed return to Seattle.” Based on those statements, the Thunder seems likely to relinquish the Sonics history, allowing the Seattle team to again be called the Sonics and restore their green and yellow colors.

The Sonics history, which technically belongs to the Thunder, is expected to be released and returned to Seattle. That means the team's historical statistics, championships, records and retired jersey numbers likely will be transferred to a future Seattle franchise.

The Sonics' championship trophy and banner, which was left in a museum in Seattle, would be polished off and re-hung once the city gets the NBA back.