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Clay Bennett (businessman)
Clayton Ike Bennett (born November 14, 1959) is an American businessman and chairman of the Professional Basketball Club LLC, the ownership group of the Oklahoma City Thunder, an NBA franchise formerly known as the Seattle SuperSonics. Bennett is the chairman of Oklahoma City-based Dorchester Capital Corporation, as well as the chairman emeritus of the board of directors of the Oklahoma Heritage Association and served as chairman of the Board of Regents of the University of Oklahoma from 2011 to 2019. Early business career Bennett was one of the owners of the San Antonio Spurs in the mid-1990s, where one of his primary duties was to represent the team on the NBA Board of Governors. Immediately before the 2005–06 NBA season, Bennett, along with Aubrey McClendon of Oklahoma City-based Chesapeake Energy Corporation, Tom L. Ward of Oklahoma City-based SandRidge Energy Corporation, and G. Jeffrey Records Jr. of Oklahoma City-based MidFirst Bank, partnered with the city of Oklah ...
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Oklahoma City, Oklahoma
Oklahoma City (), officially the City of Oklahoma City, and often shortened to OKC, is the List of capitals in the United States, capital and List of municipalities in Oklahoma, most populous city of the U.S. state of Oklahoma. The county seat of Oklahoma County, Oklahoma, Oklahoma County, its population ranks List of United States cities by population, 20th among United States cities and 8th in the Southern United States. The population grew following the 2010 Census and reached 681,054 in the 2020 United States census. The Oklahoma City metropolitan area had a population of 1,396,445, and the Oklahoma City–Shawnee, Oklahoma, Shawnee Combined Statistical Area had a population of 1,469,124, making it Oklahoma's largest municipality and metropolitan area by population. Oklahoma City's city limits extend somewhat into Canadian County, Oklahoma, Canadian, Cleveland County, Oklahoma, Cleveland, and Pottawatomie County, Oklahoma, Pottawatomie counties. However, much of those areas ...
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Sacramento Kings
The Sacramento Kings are an American professional basketball team based in Sacramento, California. The Kings compete in the National Basketball Association (NBA) as a member of the Pacific Division (NBA), Pacific Division of the Western Conference (NBA), Western Conference. The Kings are the oldest team in the NBA, and the first team in the Major professional sports leagues in the United States and Canada, major professional North American sports leagues located in Sacramento. The team plays its home games at Golden 1 Center. The franchise began with the Rochester Seagrams (a Semi-professional sports, semi-professional team) from Rochester, New York, that formed in 1923 and hosted a number of teams there over the next 20 years. They joined the National Basketball League (United States), National Basketball League in 1945 as the renamed Rochester Royals, winning that league's championship in their first season, 1945–46 Rochester Royals season, 1945–46. In 1948 they jumped wit ...
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Rescission (contract Law)
In contract law, rescission is an equitable remedy which allows a contractual party to cancel the contract. Parties may rescind if they are the victims of a vitiating factor, such as misrepresentation, mistake, duress, or undue influence. Rescission is the unwinding of a transaction. This is done to bring the parties, as far as possible, back to the position in which they were before they entered into a contract (the ''status quo ante''). Taxonomy Rescission is used throughout the law in a number of different senses. The failure to draw these crucial distinctions is productive of serious confusion. Although Judicature legislation has been enacted throughout the common law world, and jurisdictions vary in their recognition of a distinct body of law known as equity, reference to the jurisdictional origins is still important for the purposes of exposition. * ''"Rescission" in the sense of termination''. Rescission in this sense is not the focus of this article. Where a contrac ...
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The Seattle Times
''The Seattle Times'' is an American daily newspaper based in Seattle, Washington. Founded in 1891, ''The Seattle Times'' has the largest circulation of any newspaper in the state of Washington and the Pacific Northwest region. The Seattle Times Company, which owns and publishes the paper, is mostly owned by the Blethen family, which holds 50.5% of the company; the other 49.5% is owned by the McClatchy Company. The Blethen family has owned and operated the newspaper since 1896. ''The Seattle Times'' had a longstanding rivalry with the '' Seattle Post-Intelligencer'' until the latter ceased print publication in 2009. ''The Seattle Times'' has received 11 Pulitzer Prizes and is widely renowned for its investigative journalism. History ''The Seattle Times'' originated as the ''Seattle Press-Times'', a four-page newspaper founded in 1891 with a daily circulation of 3,500, which Maine teacher and attorney Alden J. Blethen bought in 1896. Renamed the ''Seattle Daily Times'', it ...
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The Oklahoman
''The Oklahoman'' is the largest daily newspaper in Oklahoma, United States, and is the only regional daily that covers the Oklahoma City metropolitan area, Greater Oklahoma City area. The Alliance for Audited Media (formerly Audit Bureau Circulation) lists it as the 59th largest U.S. newspaper in circulation. ''The Oklahoman'' has been published by Gannett (formerly known as GateHouse Media) owned by Fortress Investment Group and its investor Softbank since October 1, 2018. On November 11, 2019, GateHouse Media and Gannett announced GateHouse Media would be acquiring Gannett and taking the Gannett name. The acquisition of Gannett was finalized on November 19, 2019. Copies are sold for $2 daily or $4 Sundays/Thanksgiving Day; prices are higher outside Oklahoma County, Oklahoma, Oklahoma County and adjacent counties. Ownership The Daily Oklahoman newspaper was founded in 1894 by Samuel W. Small. Small eventually lost the paper and it was owned by a bank who leased the paper to C ...
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ESPN
ESPN (an initialism of their original name, which was the Entertainment and Sports Programming Network) is an American international basic cable sports channel owned by the Walt Disney Company (80% and operational control) and Hearst Communications (20%) through the joint venture ESPN Inc. The company was founded in 1979 by Bill Rasmussen, Scott Rasmussen and Ed Eagan. ESPN broadcasts primarily from studio facilities located in Bristol, Connecticut. The network also operates offices and auxiliary studios in Miami, Orlando, New York City, Las Vegas, Seattle, Charlotte, Washington, D.C., and Los Angeles. James Pitaro has been chairman since March 5, 2018, following the resignation of John Skipper on December 18, 2017. , ESPN is available to approximately 70 million pay television households in the United States—down from its 2011 peak of 100 million households. It operates regional channels in Africa, Australia, Latin America, and the Netherlands. In Ca ...
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Howard Schultz
Howard D. Schultz (born July 19, 1953) is an American businessman and author who was the chairman and chief executive officer of Starbucks from 1986 to 2000, from 2008 to 2017, and interim CEO from 2022 to 2023. Schultz owned the Seattle SuperSonics basketball team from 2001 to 2006. Schultz began working at Starbucks in 1982. He later left and opened Il Giornale, a specialty coffeeshop that merged with Starbucks during the late 1980s. Under Schultz, the company established a large network of stores which has influenced coffee culture in Seattle, the U.S., and internationally. Following large-scale distribution deals, Starbucks became the largest coffee-house chain in the world. Schultz took the company public in 1992 and used a $271 million valuation to double their store count in a series of highly publicized coffee wars. He stepped down as CEO in 2000, succeeded by Orin Smith. Due to the rapid expansion of Starbucks under Schultz's leadership, he has been described as the ...
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Hurricane Katrina
Hurricane Katrina was a powerful, devastating and historic tropical cyclone that caused 1,392 fatalities and damages estimated at $125 billion in late August 2005, particularly in the city of New Orleans and its surrounding area. It is tied with Hurricane Harvey as being the List of the costliest tropical cyclones, costliest tropical cyclone in the Atlantic basin. Katrina was the twelfth tropical cyclone, the fifth hurricane, and the third major hurricane of the 2005 Atlantic hurricane season. It was also the fourth-most intense Atlantic hurricane to make landfall in the contiguous United States, gauged by barometric pressure. Katrina formed on August 23, 2005, with the merger of a tropical wave and the remnants of a tropical depression. After briefly weakening to a Tropical cyclone, tropical storm over south Florida, Katrina entered the Gulf of Mexico on August 26 and Rapid intensification, rapidly intensified to a Saffir–Simpson scale, Category 5 hurricane befo ...
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New Orleans
New Orleans (commonly known as NOLA or The Big Easy among other nicknames) is a Consolidated city-county, consolidated city-parish located along the Mississippi River in the U.S. state of Louisiana. With a population of 383,997 at the 2020 United States census, 2020 census, it is the List of municipalities in Louisiana, most populous city in Louisiana and the French Louisiana region, the second-most populous in the Deep South, and the twelfth-most populous in the Southeastern United States. The city is coextensive with Orleans Parish, Louisiana, Orleans Parish. New Orleans serves as a major port and a commercial hub for the broader Gulf Coast of the United States, Gulf Coast region. The New Orleans metropolitan area has a population of approximately 1 million, making it the most populous metropolitan area in Louisiana and the List of metropolitan statistical areas, 59th-most populous in the United States. New Orleans is world-renowned for Music of New Orleans, its distincti ...
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New Orleans Arena
Smoothie King Center (locally referred to as SKC) is a multi-purpose list of indoor arenas, indoor arena in New Orleans, Louisiana. It is located in the Central Business District, New Orleans, Central Business District, adjacent to the Caesars Superdome. The arena opened in 1999 as New Orleans Arena and has been home to the New Orleans Pelicans of the National Basketball Association (NBA) since 2002. The New Orleans VooDoo of the Arena Football League played their home games in the arena from 2004 until the team disbanded in 2008. The VooDoo resumed play at the arena in March 2011, until after the 2015 Arena Football League season, 2015 AFL season when the franchise folded. Arena information The arena was completed in 1999 at a cost of $114 million and officially opened on October 19, 1999. The arena seats 17,805 for concerts, 16,867 for New Orleans Pelicans, Pelicans games, 18,500 for college basketball and Pelicans playoff games, and 16,900 for ice hockey and arena football. I ...
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