Men's professional basketball courtesy of the NBA may be moving out of Seattle, but women's professional hoops will likely stay in the Emerald City. A group of investors known as Force 10 Hoops LLC, which includes some prominent Seattle businesswomen, made a $10 million bid for the Seattle Storm of the WNBA and want to keep the team in the city.
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The acquirer consists of Seattle female business executives that include: former Seattle Deputy Mayor Anne Levinson; Lisa Brummel, senior vice president for human resources at Microsoft Corp.; Dawn Trudeau, a former Microsoft executive; and Ginny Gilder, founding executive director of Washington Works. The group will be acquiring the Seattle Storm from Clayton Bennett's Women's Basketball Club of Seattle LLC.
Bennett is also chairman of the Professional Basketball Club LLC, which owns the NBA's Seattle Supersonics. Bennett has reportedly said he will move the Sonics from Seattle to most likley Oklahoma City because the Emerald City will not build a publicly funded stadium for the team.
The acquisition has until the end of February to close the deal and requires approval from the WNBA board of governors. - Gerald Magpily
See Seattle Puget Sound Business
See Seattle Storm press release
