SuperSonics owner Clayton Bennett testified that he knew when he bought the team that it was losing money at KeyArena but thought "perhaps we could turn that around."
Republican presidential candidate Sen. John McCain has chosen Gov. Sarah Palin to be his running mate. She would be the first woman to serve on a Republican presidential ticket.
AFP - Nigerian President Umaru Yar'Adua's anti-corruption drive has claimed another scalp with news Friday of the arrest of an ex-governor who allegedly embezzled millions of dollars of state funds.
AP - The NBA officially handed over the Seattle franchise to Oklahoma City about two months ago, and three trucks arrived downtown at headquarters on Friday.