Seattle Sonics and Stadiums
The Seattle Sonics are demanding that the city upgrade Key Arena to the tune of $220 million of which the Sonics will contribute $18 million. The Sonics are losing money and blame it on thier lease and the facility. It seems like they're blaming every one but themselves. The Sonics' regular season record under the new ownership is just 8 games over .500 in the 5 seasons--made the playoffs twice--that Howard Schultz has owned them. Do they really believe that they can be a below average team and still be profitable? Does Schultz believe that a below average coffee shop should be profitable?