But through a cumulative 111 seasons and 37 playoff appearances, Seattle boasts only one champion: the 1979 Sonics of Gus Williams, Jack Sikma and Dennis Johnson.

FORBES: Magazine Article

"I'm proud of how Sonics fans have rallied together to help Seattle get a team, " McGinn said in a statement.

NPR: NBA Committee Recommends Rejecting Kings Move

In 2001 the Sonics were bought by former Starbucks CEO and long-time Seattle resident Howard Schultz.

FORBES: E Pluribus Sounders (Part 2): Focusing on Fans While Building Towards an MLS Franchise