Internet boards are alive with speculation George Shinn is selling the Hornets and the odds-on favorite to acquire them is none other than Steve Ballmer, CEO of Seattle's Microsoft.
According to a report from ESPN:
"George Shinn of owner of the Hornets has been listening to a lot of offers for the team. The lease is scheduled to end in 2010 if attendance trends continue the way they are. Microsoft CEO Steve Ballmer is said to be the front runner to purchase the team and the NBA would back the move as they are already seeing revenue losses in the millions from the move to Oklahoma City."
I've been saying for months the OKC/NBA experiment would be a financial disaster and it's coming to fruition, just as common sense would dictate. The NBA had a great thing going in Seattle before the Bennett/Stern Blunder. Now their short-sighted foolishness is on display for everyone to see....especially the other owners.
Ballmer and his group should get right into the details of a new privately-funded multi-use arena. This is the kind of quality, big-picture ownership group that Seattle needs and deserves and who can get it done correctly this time.
This is, of course, merely speculation at this point. But it sure puts Seattle at the top of the list of destination cities for the NBA. Let's sit back and watch the show....and the Blunder losses pile up, both financially and on the court. Maybe Durant would want a second stint in the Jet City? The timing would be perfect.