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Investor group offering to pay for NBA arena in Seattle (Yahoo Sports)
Investor Chris Hansen and the group looking to bring the NBA back to Seattle have offered to pay for a new arena with private funds. Hansen's group sent a letter to the city of Seattle on Tuesday. Hansen's group acknowledges a changed landscape and is now offering to rip up a memorandum of understanding from 2012 that called for up to $200 million in public investment in the arena. More...
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