A new stadium in Seattle designed for NBA and NHL teams will continue to move forward after the City Council and Metropolitan King County Council voted to support a Memorandum of Understanding for investor Chris Hanson’s proposed $490 million stadium.
The stadium will include $200 million in public funds, and Monday’s vote is seen as the next step in the road to building the venue.
The biggest of which is obtaining a current NBA franchise, because the league has no plans to expand.
There is also now a 21-day window for legal challenges, and at least one is expected from the local Longshoreman Union, according to the Seattle Times.
— Reported by the Sports Xchange
