Relocation to Oklahoma City
The Seattle Sonics were sold in 2005 by Howard Schultz (owner of the coffee giant Starbucks) to a team of Oklahoma City-based investors, led by Clay Bennet. Despite Bennet's claims that he would consider keeping the team in Seattle. He made ridiculous demands like proposals for the most expensive arena in the league and requested that it be paid nearly entirely by taxpayers, who were already weary from paying for the Keyarena remodel in 1995 and new stadiums in 1999 and 2002. Bennet proceeded to strip the team of everything that tied it to Seattle, including beloved players like Ray Allen and front office personnel.
The Seattle SuperSonics are now known as the Oklahoma City Thunder.