Media in Oklahoma City is rejoicing at the news.
"Buy up that Hornets memorabilia, Oklahoma City.
All of it's about to become collector's items.
Sure, the New Orleans Hornets still call Oklahoma City home, and Seattle Sonics still call the Pacific Northwest home, even though their new owners call Oklahoma City home. (Got all that?) But after an ownership group headed by Oklahoma City businessman Clay Bennett purchased the Sonics on Tuesday, it's difficult to believe all of this will end any differently." Read more...