Professional Basketball Club

American investment group

Professional Basketball Club LLCCompany type| Private

|

Predecessor| Basketball Club of Seattle
Founded| 2006
Headquarters| 208 Thunder Drive,

Oklahoma City, OK 73102

U.S.[1]

Key people

| Clayton I. Bennett (Chairman, CEO)
Total assets| estimated $590 million[2]
Members|

* Jeffrey Records Jr. (significant)
* George Kaiser (19.23%)
* Clayton I. Bennett
* Aubrey McClendon estate
* William Cameron
* Jay Scaramucci
* Everett R. Dobson
* Robert E. Howard II[2]

Divisions| Oklahoma City Thunder
Oklahoma City Blue

Professional Basketball Club LLC is an investment group headed by Clay Bennett that owns the National Basketball Association (NBA)'s Oklahoma City Thunder franchise (formerly the Seattle SuperSonics) and the Thunder's NBA G League affiliate Oklahoma City Blue.[3][4] The group also owned the Women's National Basketball Association (WNBA)'s Seattle Storm franchise from 2006 to 2008. The PBC then sold the Storm to local Seattle owners, before relocating the SuperSonics to Oklahoma City.

## History

[edit]

On July 18, 2006, Basketball Club of Seattle, led by Howard Schultz, sold the Seattle SuperSonics and Seattle Storm to Professional Basketball Club after failing to reach an agreement with the city of Seattle over a publicly funded $220 million expansion of KeyArena.[5] The team relocated to Oklahoma City and began play as the Oklahoma City Thunder in the 2008–09 basketball season, becoming the third NBA franchise to relocate in the 2000s.

The Professional Basketball Club on January 8, 2008, sold the Storm to an ownership group consisting of four Seattle businesswomen.[6] On July 31, 2008, the Tulsa 66ers, now Oklahoma City Blue, announced that Professional Basketball Club had purchased the team, marking the third NBA Development League team to be owned by an NBA team (Los Angeles Lakers and San Antonio Spurs).[7]

In September 2013 the OKC Thunder added station KAKC, the 66ers' radio broadcasting partner, to its Thunder Radio Network.[8] In April 2014, George Kaiser bought Tom L. Ward's interest in Professional Basketball Club, while Jeffrey Records Jr. sold part of his stake to Bennett while two other changed their stakes.[9][2]

## Former members

[edit]

* Tom L. Ward[9][2]
* Aubrey McClendon (died on March 2, 2016)[10]
* G. Edward Evans[5]

## References

[edit]

1. ^ "Contact Us". OKCThunder.com. NBA Media Ventures, LLC. Retrieved May 8, 2023.
2. ^ a b c d Wilmoth, Adam (April 18, 2014). "Tulsa businessman George Kaiser buys stake in Oklahoma City Thunder". The Oklahoman. Retrieved May 8, 2023.
3. ^ "The Professional Basketball Club LLC". Hoover's. February 6, 2015. Retrieved February 6, 2015.
4. ^ "The Professional Basketball Club, LLC". OKCThunder.com. NBA Media Ventures, LLC. Retrieved February 6, 2015.
5. ^ a b Angela Galloway; Phuong Cat Le (July 18, 2006). "Sonics sold to ownership group from Oklahoma City". Seattle Post-Intelligencer. Retrieved July 18, 2006.
6. ^ Farmer, Sam (June 16, 2012). "How the Sonics became the Thunder: A timeline". Los Angeles Times. Retrieved June 7, 2017.
7. ^ "Oklahoma City NBA group has purchased Tulsa 66ers basketball franchise". Tulsa World. July 31, 2008. Retrieved June 6, 2017.
8. ^ Staff Reports (September 10, 2013). "Thunder gets new Tulsa radio affiliate". Tulsa World. Retrieved June 6, 2017.
9. ^ a b "George Kaiser Joins Thunder Ownership Group". OKCThunder.com. NBA Media Ventures, LLC. April 18, 2014. Retrieved May 8, 2023.
10. ^ "Thunder part-owner McClendon dies in car crash". NBA.com. NBA Media Ventures, LLC. Associated Press. March 2, 2016. Retrieved March 3, 2016.

* v
* t
* e

NBA franchise owners

Eastern
Conference|

| Atlantic|

* Boston Basketball Partners (Boston Celtics)
* Joseph Tsai (Brooklyn Nets)
* Madison Square Garden Sports (James L. Dolan) (New York Knicks)
* Harris Blitzer Sports & Entertainment (Josh Harris and David Blitzer) (Philadelphia 76ers)
* Maple Leaf Sports & Entertainment (Toronto Raptors)

|

Central|

* Jerry Reinsdorf (Chicago Bulls)
* Dan Gilbert (Cleveland Cavaliers)
* Tom Gores (Detroit Pistons)
* Herb Simon (Indiana Pacers)
* Wes Edens and Jimmy Haslam (Milwaukee Bucks)

Southeast|

* Tony Ressler (Atlanta Hawks)
* Gabe Plotkin and Rick Schnall (Charlotte Hornets)
* Micky Arison (Miami Heat)
* RDV Sports, Inc. (Orlando Magic)
* Monumental Sports & Entertainment (Ted Leonsis) (Washington Wizards)

Western
Conference|

| Southwest|

* Miriam Adelson and Patrick Dumont (Dallas Mavericks)
* Tilman Fertitta (Houston Rockets)
* Robert Pera (Memphis Grizzlies)
* Gayle Benson (New Orleans Pelicans)
* Spurs Sports & Entertainment (Julianna Holt) (San Antonio Spurs)

|

Northwest|

* Ann Walton Kroenke (Denver Nuggets)
* Glen Taylor (Minnesota Timberwolves)
* Professional Basketball Club (Clayton Bennett) (Oklahoma City Thunder)
* Jody Allen (Portland Trail Blazers)
* Ryan Smith (Utah Jazz)

Pacific|

* Peter Guber and Joe Lacob (Golden State Warriors)
* Steve Ballmer (Los Angeles Clippers)
* Jeanie Buss (Los Angeles Lakers)
* Mat and Justin Ishbia (Phoenix Suns)
* Vivek Ranadivé (Sacramento Kings)

* v
* t
* e

Oklahoma City Thunder

* Founded in 1967
* Formerly the Seattle SuperSonics (1967–2008)
* Based in Oklahoma City, Oklahoma

Franchise|

* History
* All-time roster
* Draft history
* 1967
* Records
* Head coaches
* Seasons
* Current season

Arenas|

* Seattle Center Coliseum
* Kingdome
* Tacoma Dome
* Paycom Center

Personnel|

Owner(s)
Professional Basketball Club (Clay Bennett, chairman)
President
Vacant
General manager
Sam Presti
Head coach
Mark Daigneault

G League affiliate|

* Oklahoma City Blue

Retired numbers|

* 1
* 4
* 10
* 19
* 24
* 32
* 43

NBA championships|

* 1979
* 2025

Rivalries|

* Portland Trail Blazers (I-5 rivalry)

Culture and lore|

* Seattle SuperSonics
* relocation to Oklahoma City
* Howard Schultz
* Wheedle
* Squatch
* Rumble the Bison
* "It Was a Good Day"
* Sonicsgate
* Thunderstruck
* "Thunder Up"
* Radio network
* KWPN-AM
* WWLS-FM
* Love's
* OU Health

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