Justice
Seattle May Miss Its NBA Team, but Its Old Arena Doesn't
After losing millions of dollars during the Sonics' final years, the 52-year-old Key Arena is a moneymaker again.
Don't tell the guy in the Detlef Schrempf jersey pouring out a Rainier in front of the Key Arena, but the former home of the Sonics is doing just fine without a NBA team.
After years of losing money, the 52-year old arena turned a $1.2 million profit last year, according to a report in Sunday's Seattle Times. That's a full reversal from 2005 when it lost over $1.5 million.