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Thread: Why does BLC OKC will own the practice facility?

  1. #1

    Default Why does BLC OKC will own the practice facility?

    Why Vote? | Vote Yes March 4!

    The third bullet states the City will own the practice facility. What's with that?

    I apologize if this question has already be posted.
    ...this shortest straw has been pulled for you

  2. #2
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    Default Re: Why does BLC OKC will own the practice facility?

    The city will own it and any team that wants to use will have to negotiate for the rights to use it, along with any other outfit that may want to use it. It would simply be another public asset.

  3. #3

    Default Re: Why does BLC OKC will own the practice facility?

    I was reading somewhere that it would be owned by the team; or maybe that it would be used only by the team. That's probably what it was. My bad.
    ...this shortest straw has been pulled for you

  4. #4

    Default Re: Why does BLC OKC will own the practice facility?

    It is possible that an NBA team could sign an exclusive use contract for the practice facility. That wil be up to contract negotiations between the city and the NBA. BassPro has an exclusive use lease with the building in Bricktown.

  5. #5

    Default Re: Why does BLC OKC will own the practice facility?

    There are a lot of companies in the state whose buildings and/or the land upon which they stand are technically public property. That's not unusual.

  6. #6

    Default Re: Why does BLC OKC will own the practice facility?

    These crafty businessmen have a leg up on us...they can say they'll just go somewhere else if we don't rent the practice facility out to them for a very, very low price.


    Quote Originally Posted by BDP View Post
    The city will own it and any team that wants to use will have to negotiate for the rights to use it, along with any other outfit that may want to use it. It would simply be another public asset.

  7. #7

    Default Re: Why does BLC OKC will own the practice facility?

    Quote Originally Posted by fubaduba View Post
    These crafty businessmen have a leg up on us...they can say they'll just go somewhere else if we don't rent the practice facility out to them for a very, very low price.
    Ah, but they're not making us pay a penny of their purchase price for the Sonics, so we're getting the better part of the deal regardless. Let's wait and see how the contract reads, as supposition and a dollar will get you on the subway.

  8. #8

    Default Re: Why does BLC OKC will own the practice facility?

    Hopefully not. Remember that "reimbursements" clause on the ballot.

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