Bennett wants to buy out Key Arena lease - Spokane, North Idaho News & Weather

Bennett wants to buy out Key Arena lease

NEW YORK - Sonics owner Clay Bennett says he hopes to reopen talks with the city of Seattle about buying out the two years remaining on the Key Arena lease so the team can move to Oklahoma City right away.

The city previously turned down a $26 million buyout offer. A lawsuit over the lease goes to court in June.

Bennett told a news conference after today's NBA vote in New York that he thinks Seattle is an NBA city, but it won't happen until it has a new arena.

He says he's disappointed he wasn't able to get agreement on a new building with the political and business leaders in Seattle and the state of Washington.

Bennett says he's thrilled to bring a team to Oklahoma City.

(The Associated Press contributed to this story.)