A new offer to keep the Sonics in Seattle

I thought it would be nice to follow up on a previous story comparing the Seattle Sonics' stadium woes with San Diego.

Interesting news today - a local group lead by the CEO's of Microsoft and Costco is willing to team with the city of Seattle to renovate KeyArena and purchase the Sonics from Clay Bennett. The group will put up $150 million to upgrade KeyArena, but it is contingent on the group acquiring the team.