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|Seattle Arena Plan Now Public but is It Realistic?
|SEATTLE (AP) -- Those whispers and quiet chatter that circulated for months about a possible arena plan that might bring the NBA back to Seattle, and perhaps professional hockey, too, are now replaced by a concrete proposal with a staggering private investment.
The question now is whether the plans unveiled Thursday by wealthy San Francisco businessman and Seattle native Christopher Hansen will ever become a reality.
Hansen's proposal would help heal the scars from the SuperSonics' messy divorce with the city in 2008 that led them to a new home in Oklahoma City, leaving behind more than 40 years of history essentially over an unprofitable arena. But his proposal comes with the condition that no shovels will go into the ground until NBA and NHL franchises are locked in as tenants for the next three decades, not exactly an easy task.
(Copyright 2012 by The Associated Press. All Rights Reserved.)