Tagged: arena

4:23pm

Mon March 4, 2013
Business

Longshoremen to appeal judge's ruling tossing out their arena lawsuit

Longshoremen in Seattle plan to appeal a recent judge’s ruling that threw out their challenge to a new Sonics basketball arena.

The longshoremen’s union argued that the city of Seattle, King County and investor Chris Hansen violated state environmental laws when they signed an agreement for the arena. They said that memorandum of understanding focuses too much on the site Hansen prefers – in Seattle’s SoDo neighborhood. And that’s before an environmental review is finished.

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8:39am

Tue September 25, 2012
Business

What NBA teams are likely candidates to move to Seattle?

Credit IsoSports

Now that the Seattle City Council has given the green light for a $490 million NBA arena, investor Chris Hansen has to find a team to play there.  We know Seattle's not getting the Lakers or the Heat. So which teams are likely prospects to move here?

Kurt Badenhausen, who covers the business of sports for Forbes, recently analyzed the NBA field to come up with a list of possibilities. Top among them is the Sacramento Kings.

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8:43am

Fri July 13, 2012
Business

Cities near Seattle may lose tax revenue if arena gets built

Credit Mike Kelley

A new professional basketball and hockey arena in Seattle could steal tax dollars from neighboring communities. That’s according to the analysis of University of Washington geography professor Bill Beyers, who has spent a lot of time studying the economic impact of professional sports.

Beyers has done previous analyses about the Mariners and Seahawks, as well as KeyArena.  As part of an expert panel, Beyers presented his initial thoughts on the proposed NBA and NHL arena to the King County Council.

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8:29am

Tue July 10, 2012
Business

Can Seattle's population support six major sports teams?

Credit camknows

Battle lines are being drawn between people who want a new basketball and hockey arena in Seattle and people who don’t. A town hall meeting at North Seattle Community College at 7:00 pm on Tuesday, July 10th, will give people a chance to speak out on the proposal. 

One issue likely to come up is whether the city is even big enough to support six professional sports teams.  The plan would add an NBA team and possibly an NHL team to the city's pro sports landscape of Seahawks, Mariners, Storm and Sounders. 

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3:59pm

Wed June 13, 2012
NBA arena

Arena investors revealed: Ballmer and Nordstroms back the project

Credit The Associated Press

The team backing a new sports arena in Seattle began coming into focus today, with Microsoft CEO Steve Ballmer and two members of the Nordstrom family putting their money behind the proposed venue. They’re the first to go public as part of hedge fund manager Chris Hansen’s team of private investors.

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7:42am

Wed May 30, 2012
Business

Can Seattle sustain another major sports venue?

Could a new basketball and hockey arena hurt ticket sales for other teams in the city? That’s what some King County officials are worried about. The fear is that Seattle could end up with too many big-time sports teams and that there wouldn’t be enough entertainment dollars to go around.