Lenny Wilkens has just been named Vice Chairman of the Professional Basketball Club LLC. With the new position it was announced that Lenny also becomes a part owner of the Sonics. EDIT: The ownership portion of the deal is a bit of a miscommunication on my part. What I thought was confirming the ownership portion was in response to a different question, upon clarification it turns out he's not in the ownership group.
Great news for the future of the Sonics in Seattle. Lenny gives them a respected member of the community and a tie to the 1979 Championship team as they go to Olympia to attempt to get a new facility built in the greater King County area.