Wilkens joins Sonics' ownership group
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Lenny Wilkens, the NBA's career victory leader who coached Seattle to its only NBA title in 1979, re-joined the team Thursday as vice chairman of the SuperSonics' new ownership group.
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Philip H. Knight resigned yesterday as head of the Oregon sneaker company that he built into Nike Inc., a global sportswear powerhouse that made everyone want to soar in Air Jordans, Wear
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If David Stern has his way inside his own league, the SuperSonics will remain in Seattle.
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Sonics general manager Rick Sund likes to boast that the core of his team consists of young players who are unfinished basketball products.
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Now the Seattle SuperSonics are officially starting from scratch. Yesterday Rashard Lewis , whose 22.4-point average was second only to new Celtic Ray Allen's 26.4 on the Sonics last season, agreed to a "maximum contract" with the Orlando Magic, according to his agent Tony Dutt .
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The man behind Argonaut games went into administration a week ago has bought back most of the group.
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Rashard Lewis, a Seattle SuperSonics forward for nine years, agreed in principle Tuesday to sign a maximum, five-year deal with the Orlando Magic that was likely worth more than $80 million.
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Only weeks before the sale of Fan Pier closes, the ownership of the new development team is changing.
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The Portland Trail Blazers have agreed to terms on a buyout with guard Steve Francis, who was acquired in a draft night deal with the New York Knicks.
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The Seattle SuperSonics appear set to pluck another piece from the San Antonio Spurs.
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Bussinessman Dan Gilbert agreed to buy the Cleveland Cavaliers from owner Gordon Gund, acquiring a team that has surged from the NBA's depths since the arrival of LeBron James.
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Michael Jordan became part-owner of the Charlotte Bobcats on Thursday in a deal that gives him a stake in most of majority partner Robert Johnson&#039;s ventures.
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Brad Wilkerson and the Mariners agreed Thursday to a $3 million, one-year contract, a move that could signal Seattle is close to finally acquiring pitcher Erik Bedard from the Baltimore Orioles.
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Rick Majerus, the former Utah coach, came out of retirement yesterday and agreed to take over Southern California&#39;s basketball team starting at the end of the season.
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Hall of Fame coach Lenny Wilkens resigned Friday as the vice chairman of the Seattle SuperSonics, completing a rapid decline from his role in the organization.
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The Seattle SuperSonics activated guard Ibrahim Kutluay before Tuesday night's game against the Los Angeles Lakers, and placed guard Mateen Cleaves on the injured list with a strained left shoulder.
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The Seattle SuperSonics introduced P. J. Carlesimo as their coach, and former All-Star forward, Grant Hill, whose career has been plagued by injury, agreed in principle to a two-year deal with the Phoenix Suns.