The Sonics Could Actually Be Coming Back, But Don't Pop the Champagne Yet
Okay, we need to talk about Monday's news because this might actually be happening. ESPN reported that NBA owners will vote next week to explore expansion to Las Vegas and Seattle, and only those two cities are on the table. No other markets. That's a massive deal for anyone who has been waiting 18 years to see the Sonics back at Climate Pledge Arena.
Here's the thing though: pump the brakes just a little bit. This is huge progress, but it's not a done deal, and Seattle fans have earned the right to be cautious about this.
This Time Actually Feels Different
For the first time since the Sonics left, there is a probable chance they will return within the next five years. League commissioner Adam Silver appears fully on board with expansion, which matters way more than you might think. ESPN's Brian Windhorst went on air basically giving Sonics fans permission to get excited, saying there will be bidders trying to bring a team back to the Emerald City. That's not some random talking head throwing out wishes. That's credible momentum.
And yeah, the venue situation is already solved. Climate Pledge Arena exists and is ready to go. Back in 2013 when the Kings almost moved here, that was the biggest hurdle we couldn't clear. Not anymore.
The Money Problem Is Real
But here's where things get complicated. The Celtics recently sold for $6 billion. The Lakers went for $10 billion. Those valuations drove the estimated expansion fee way up, somewhere between $7 billion and $10 billion. A few years ago? You were looking at something close to half that.
That's a lot of capital, and there simply aren't that many billionaires with that kind of cash just lying around. Add in Washington's new tax concerns that don't exist in Nevada, and securing a primary owner becomes even tougher. Then there is the minority owner situation. The NBA requires minimum 1% stakes in teams, which means minority owners would need to drop at least $70 million to get in the door. That is doable for some people, but here is the thing: some of those potential minority owners could also buy into the Seahawks. You start wondering if they have to choose.
Watch Out for the Obstacles
New York Knicks owner James Dolan has been pretty vocal about not wanting more NBA teams. His influence carries weight. Starting negotiations is one thing. Actually finishing them is another.
The odds are in Seattle's favor right now. But odd things happen. This town has waited long enough to be skeptical. If the Sonics do return, it could be as early as 2028. Monday might end up being remembered as one of the most important days in that journey. But let's keep our emotions in check until this actually crosses the finish line.
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This article was created with AI assistance and reviewed by Seattle On Tap editorial staff. Always verify information with official team sources.