MSNBC:
Microsoft CEO Steve Ballmer heads a group investors wanting to buy the Seattle SuperSonics and renovate KeyArena to keep the team in the city, the Seattle Times reported Thursday.
Ballmer and Deutsche Telekom chief John Stanton are joining Costco CEO Jim Sinegal and Seattle developer Matt Griffin in the latest effort to keep the Sonics in Seattle.
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Too little, too late. The Sonics are now owned by an Oklahoman and the county of Oklahoma just passed a vote to allow for use of an existing one cent sales tax to upgrade their area further for basketball. Not too mention the New Orleans Hornets spent two seasons there and actually made money as opposed to what they are experiencing now. It's a tough pill to swallow when owners demand better facilities but Oklahoma has already taken the medicine and is awaiting the effects.
Oh yeah...long pants and big boy toys!
He got the bucks, might as well spend them.
Cash in! bail out! before the Microsoft house of cards falls apart.
Bill Gates is cashing out.
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First Posted: 03- 6-08 05:10 PM | Updated: 03-28-08 02:46 AM