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Old 05-02-2012, 02:39 PM   #8
Join Date: Feb 2009
Location: Bombing Organisms Timelessly
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Default Re: Sonicsgate-CNBC Friday 4/27/2012

Originally Posted by 9512

I watched it again and thought it is strange that people forget the detail about the transaction to Bennett.

It turns out (based on Wally Walker) that it was a guy named Ed Evans that led the group to buy the team. Since Evans had ties with Seattle and mutual acquaintances vouched for Evans' intentions to keep the team in Seattle.

bennett didn't shake anyone's hand until the press conference (or really late in the transaction).

Could we really entirely blame Shultz? Dude and the rest of the owners didn't know of Bennett being part of the group.

Ultimately Ed Evans pulled out or was forced out. And Bennett took over at the head owner.

Schultz technically sold the team to Bennett anyways instead of looking for someone who lived in Seattle, so Schultz still is to blame. Schultz then later tried to sue Bennett for being "tricked". That doesn't help his case.
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