Sonics reach settlement with Seattle; will move to Oklahoma City
Basketball Betting Lines
07/02/2008 -
Seattle, WA (Sportsbook Betting Lines) - The Seattle SuperSonics and the City of
Seattle reached a settlement in their tempestuous KeyArena lease dispute on
Wednesday, just hours before a U.S. District Court judge was to rule in the
case.
Under the settlement agreement, Professional Basketball Club (PBC) LLC, an
the Oklahoma City investment group led by Clay Bennett that purchased the
Sonics last year, agreed to pay the City of Seattle $45 million in order to
terminate the KeyArena lease. In turn, the agreement will allow the Sonics to
move to Oklahoma City immediately.
"We believe this is a fair and appropriate resolution to the litigation
involving the Sonics and the City of Seattle," Bennett said. "We are pleased
that the uncertainty is lifted for our players, staff and Oklahoma City fans
who can now make plans for the immediate future.
"We have a business to run and this settlement allows us to make the best
decision for the franchise and allow the City of Seattle to begin planning its
own NBA future."
An additional contingent payment of $30 million will be due in 2013 unless one
of the following occurs: the Washington legislature fails to authorize at
least $75 million of public funding for KeyArena renovations by the end of
2009 or Seattle obtains a new or relocated NBA franchise within that five year
period.
The agreement also includes language regarding a lawsuit filed against PBC by
the Sonics' former ownership group The Basketball Club of Seattle, headed by
Howard Schultz. Under terms of the settlement, if PBC is prevented from
playing home games in Oklahoma City in the 2008-09 or 2009-10 seasons as a
result of the Schultz suit, Seattle will repay PBC $22.5 million for each
season. In addition, if PBC is required to play in KeyArena in the 2008-09 and
2009-10 seasons as a result of the Schultz suit, PBC is released from its
obligation to make the $30 million contingent payment.
The settlement document also confirms that the Sonics name, logo, and colors
will remain available for a potential future NBA franchise in Seattle.
"I was always amenable, as part of a negotiation process, to reserving the
name for Seattle fans," Bennett said. "I feel it's appropriate and we wish
Sonics fans and the city good luck in their efforts to develop a modern NBA
arena and return pro basketball to Seattle in the future."
Details of the name and colors for Oklahoma City's new team are still being
developed and will be announced in the near future.
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world champion Boston Red Sox, 7-6, and complete a three-game sweep at
Tropica
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second of the game -- in the bottom of the 10th inning lifted the streaking
Chicago White Sox to a 6-5 win over the Cleveland Indians and completed a
three-g
Orioles' Cabrera goes the distance in win over Royals >>
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paced the Orioles early, leading them to a 5-2 victory over the Royals to take
the third game in their four game set in Baltimore.
Daniel Cabrera (6-4) pitched
Cameron's single in ninth lifts Brewers past D-Backs >>
Phoenix, AZ (Sportsbook Betting Lines) - Mike Cameron's run-scoring single in the top of
the ninth inning lifted Milwaukee over Arizona, 4-3, in the third-leg of a
four-game set at Chase Field.
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Minnesota Vikins >>
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of the eighth inning broke a tie game and proved to be the game-winner in
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Rodriguez earns 34th save against A's >>
Anaheim, CA (Sportsbook Betting Lines) - Juan Rivera homered in the sixth to break a
three-all tie and Francisco Rodriguez picked up his 34th save, tying a pre-
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rubber
Pacific-10 Conference odds
Teams that should be in: Stanford
 Oregon and USC get their tickets punched after taking care of business this weekend. Yes, the Trojans' computer numbers aren't great, but there's no way the third-place team in this league is getting nixed. Grudgingly, I added Arizona after consultation with our Bracketologist. I don't know that Arizona will lose its last three (including a Pac-10 quarterfinal game), and even if the Cats do, I still can't see how they'd be left out, given the overall profile. That said, it bears watching, as three more L's would leave them at 18-12 (9-9) and on a 6-11 skid entering the Dance. It would be nice to see the Wildcats get at least one W in the Bay Area next week, as Cincinnati (albeit without Armein Kirkland and with a worse profile) was axed after a similar slide last season. I just couldn't rationalize having some of the other teams as locks and not having Arizona in that category -- there just aren't enough good teams behind the Cats to threaten their spot, it seems. Stanford has its fate in its own hands with the Arizona schools coming to the Farm to close out the regular season next weekend.
Should be in:
Stanford [17-10 (9-7), RPI: 40, SOS: 21] No shame in not getting a win in L.A., but that makes the home game against Arizona State a must-win ahead of what could be an intriguing meeting with Arizona should the Cats lose at Cal. Getting to 11 Pac-10 wins would make Selection Sunday much more comfortable, but 10's probably more than enough this season. The Cardinal have nonconference wins over Texas Tech and at Virginia to lean on, although they also lost badly to Air Force and Santa Clara at home.
| Southeastern Conference odds |
Work left to do: Alabama, Georgia, Mississippi, Mississippi State
 It looks more and more possible that no one from the SEC West will make the NCAAs. How weird is that? Tennessee and Vandy move into the locks category after more good work this weekend. Kentucky stays there, although it would be smart for the Cats to handle Georgia at home Wednesday ahead of a trip to the Swamp. Could a disaster scenario (two more L's and a first-round SEC tourney exit) somehow dislodge the Cats despite their incredible computer numbers? Still unlikely, but not worth chancing it.
Work left to do:
Alabama [19-9 (6-8), RPI: 43, SOS: 47] The tough L at Tennessee was understandable, and even created some hope. Unfortunately, that hope was dashed by a home loss to Auburn, which leaves the Tide in some real trouble. There's still no signature win on the profile (no, Kentucky doesn't count), and the computer profile is weakening rapidly. The Tide conceivably could beat Ole Miss and win at Miss. State to get to 8-8 and clinch at least a share of the West crown, but that's probably not enough right now. The Tide will need to do some work in the SEC tourney.
Georgia [16-10 (8-6), RPI: 52, SOS: 23] This is the team with the best chance to make it from this section right now. The Bulldogs rebounded from a terrible performance at Ole Miss to beat down Miss. State. Now they are at Kentucky (king of the RPI 51-100 win) and home to Tennessee. That would be worth a lot of computer points to get both (which is doable), as both teams are in the top 11 in RPI. Finishing at least 9-7 is an absolute must, and I would feel much better about the Dawgs' chances if they got both to get to 10 SEC wins. They also beat Gonzaga, but lost to ACC bubblers Georgia Tech and Clemson.
Mississippi [18-10 (7-7), RPI: 63, SOS: 79] Like everyone else in this division, Ole Miss gacked up a chance to stake a claim, losing by double figures at South Carolina. Even 9-7 likely is not nearly enough with a nonconference profile devoid of anything notable.
Mississippi State [16-11 (7-7), RPI: 66, SOS: 37] With a chance to get in the mix, these Bulldogs were leashed by their Georgia counterparts. Could they get to 9-7? I guess -- although winning at Arkansas, then beating Alabama is no lock -- but would that mean all that much for a team with this overall profile? Probably not. There's nothing of note (on the good side) in the nonconference profile. |
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Will Ohio State continue to run the table in College Football Week Four betting odds?
MySportsbook.com favors Buckeyes, Fighting Irish and Golden Bears in this weekend's big games.
NEW YORK, NY, Sept. 21 - My Sportsbook NCAA football fans: things are beginning to get really interesting on college football's national stage. Following last weekend's "Separation Saturday", which included five teams ranked in the top 15 dropping games, the BCS Championship picture is beginning to take shape - with Ohio State leading the charge. And, according to odds makers at MySportsbook.com, the number-one-ranked Buckeyes will continue their winning ways this weekend.
Revenge will be the name of the game in Columbus this Saturday, as Ohio State looks to even the score following last season's loss to Joe Paterno's Nittany Lions. Although Penn State are listed as 16.5 point underdogs, they are 11-10 all-time versus the Buckeyes. Paterno and the Lions, however, will have to shut down Heisman Trophy favorite Troy Smith who has thrown for 769 yards and seven touchdowns this season.
Speaking of revenge, Notre Dame will be out for some against Michigan State, following last year's 44 - 41 overtime loss to the Spartans in South Bend. The thirteenth-ranked Irish, listed as a 3-point favorite, will also be looking to avenge last Saturday's thrashing from the Michigan Wolverines. The Spartans, meanwhile, have won seven of the last nine match-ups against Notre Dame and are coming off an impressive 38-23 victory over Pittsburgh.
Out west, 22nd-ranked Arizona State will be battling for their first victory over 21st-ranked California since 2000. Although the Golden Bears are listed as 7.5-point favorites, the Sun Devils are 3-0, lead the nation in sacks with 18 and possess the Pac-10's leading passer in sophomore quarterback Rudy Carpenter.
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NCAA Football Week 4 Game Odds (home team in CAPS)
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Date Favorite Opponent Point Spread
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Sept 21 GEORGIA TECH Virginia 17
Sept 22 NEVADA Northwestern 6.5
Sept 23 MICHIGAN Wisconsin 14
Sept 23 Minnesota PURDUE 3
Sept 23 SYRACUSE Miami (Ohio) 6.5
Sept 23 MISSOURI Ohio 21.5
Sept 23 Louisville KANSAS STATE 14
Sept 23 TENNESSEE Marshall 22
Sept 23 CLEMSON North Carolina 16.5
Sept 23 FLORIDA Kentucky 24
Sept 23 Iowa ILLINOIS 20.5
Sept 23 FLORIDA STATE Rice 30.5
Sept 23 AUBURN Buffalo 41.5
Sept 23 BOWLING GREEN Kent 7
Sept 23 NAVY Tulsa 4.5
Sept 23 VIRGINIA TECH Cincinnati 27
Sept 23 BYU Utah State 29
Sept 23 OHIO STATE Penn State 16.5
Sept 23 TEXAS Iowa State 25
Sept 23 Washington State STANFORD 10
Sept 23 CALIFORNIA Arizona State 7.5
Sept 23 UCLA WASHINGTON 3
Sept 23 INDIANA Connecticut 1.5
Sept 23 Central Michigan EASTERN MICHIGAN 4
Sept 23 WYOMING Air Force 1
Sept 23 UTEP NEW MEXICO 9.5
Sept 23 West Virginia EAST CAROLINA 21
Sept 23 Boston College NORTH CAROLINA STATE 7
Sept 23 GEORGIA Colorado 27
Sept 23 ARKANSAS Alabama 1.5
Sept 23 BAYLOR Army 11
Sept 23 WESTERN MICHIGAN Temple 28
Sept 23 MISSISSIPPI Wake Forest 2.5
Sept 23 KANSAS South Florida 5.5
Sept 23 TEXAS A&M Louisiana Tech 23.5
Sept 23 UAB Mississippi State 9.5
Sept 23 LSU Tulane 36
Sept 23 Utah SAN DIEGO STATE 6.5
Sept 23 BOISE STATE Hawaii 15
Sept 23 Notre Dame MICHIGAN STATE 3
Sept 23 USC ARIZONA U 22
Sept 23 Oklahoma State HOUSTON 1
Sept 23 OREGON STATE Idaho 23
Sept 23 OKLAHOMA Middle Tennessee State 29
Sept 23 MARYLAND Florida International 18.5
Sept 23 AKRON North Texas 17.5
Sept 23 SOUTH CAROLINA Florida Atlantic 29.5
Sept 23 NEBRASKA Troy 23
Sept 23 SMU Arkansas State 6
For complete NCAA football odds please visit MySportsbook.com
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