Who is involved in the ruling of whether the Seattle sonics leave to Oklahoma City?

The city of Seattle will be paid $45 million in exchange for letting the Sonics move to Oklahoma City this year as part of last-minute settlement announced this afternoon. Sonics owner Clay Bennett may have to pay an additional $30 million in five years if the city is unable to secure another NBA team, under the terms of the settlement announced at simultaneous press conferences in Seattle and Oklahoma City. The deal means the end of the Sonics' 41-year stay in Seattle, starting as the city's first professional sports team.

Mayor Greg Nickels acknowledged there is no guarantee the city will get another NBA team. In Oklahoma City, Bennett announced the settlement to applause: "We made it. Congratulations.... The NBA will be in Oklahoma City next season, playing their games." "The transition and move of the operation of this team begins tomorrow morning."

Nickels said the settlement preserves the possibility of NBA basketball in Seattle in the future — noting that NBA Commissioner ... more.

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