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Seattle SuperSonics NBA Expansion
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Finding potential Deep Pocket Owners
Choosing between Jac Sperling and Geoff Baker. They both have good experience in business and are great candidates for the job. -
Obtain $300 to $600 million
We need to obtain $300 to $600 million to get started. This will come from cash on hand and investors. -
Find Potential Sponsors
The Sponsors will allow us to obtain more funding. The sponsors will also allow us to make ourselves more widely known. -
Find Land for the Stadium or find Existing Stadium and Renovate
King Dome renovation: One day after a study put the cost of remodeling the King Dome for the SuperSonics at $197 million dollars. http://www.sportsbusinessdaily.com/Daily/Issues/1996/04/4/Facilities-Venues/KINGDOME-RENOVATION-PUT-AT-$197M-COUNTY-WEIGHS-NEW-FACILITY.aspx -
Obtain NBA Approval
We will need NBA approval to start this franchise. This will also allow us to be officially recognized as an NBA team. -
Apply for an NBA Franchise
This is necessary to officially start the team. We will need to do this in order to play other teams and actually be a part of the NBA. -
Finding and Signing Players
We will draft players, sign some from the international league, hire free agents, and get some in the NBA draft. http://basketball.realgm.com/nba/current_free_agents -
Finding Coaches and Training Staff
We will need to hire a head coach and other staff involved in training and conditioning. -
Close the right potential deals with Deep Pocket Owners and Sponsors
We need to choose a Deep Pocket Owner. We also need to choose sponsors and close deals with them. -
Advertising
We need to rebrand the franchise and make a name for ourselves. We will also need to create a line of items that we can sell. -
Opening Day
This is when we reopen the Seattle SuperSonics out to the public in the 2021 season.
