Updated throughout the day with quick takes from staff.

The 13-page suit contends that when Bennett's group purchased the Sonics in July 2006, a stipulation included in the sales agreement and the side letter states: "For a period of one to 12 months after the closing date, buyer shall use good faith best efforts to negotiate an arena lease, purchase, use or similar arrangement (in the greater Seattle area)."Of course, that's only one of several court battles about to jump off, which both strengthens Seattle's chances and makes them appear that much more desperate and unconvinced of their options. Stern has also begun to hint that, if the city walks away quietly, they could get a new team in the very near future—something he swore wouldn't happen just weeks ago.
However, Schultz claims in the suit that Bennett's group never intended to keep the team in Seattle, and cites internal e-mails revealed in litigation between the city of Seattle and the new ownership group as evidence of the intentions of Bennett and his partners.
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