Seattle mayor inks KeyArena deal to lure NBA, NHL teams
SEATTLE (AP) — Seattle Mayor Jenny Durkan has inked an agreement with a private developer to renovate KeyArena so the venue could be ready for an NBA or NHL team.
Durkan said at a news conference Wednesday that the deal with Los Angeles-based Oak View Group is the best path right now for Seattle to get an NHL team and bring back the SuperSonics.
OVG CEO Tim Leiweke says his group will work diligently to get Seattle a team to join the WNBA's Seattle Storm at KeyArena.
Under the memorandum of understanding signed Wednesday, OVG would privately finance a $600 million remodel of the aging arena.