Storm Sign Lease, Call Key Arena Home For Next Decade
The City of Seattle and Women's Basketball Club of Seattle, LLC agreed yesterday to renew their lease of Key Arena, keeping the Storm in town for ten more years.
The exact financials of the deal haven't been obtained yet and the deal still awaits full city council approval.
Having the Storm in town fills the venue for at least 17 home games in 2009, not counting playoffs and preseason.
Deputy Mayor Tim Ceis naturally described the arrangement as a "win-win" for both parties. With the lack of appropriately sized sporting venues, there wasn't any talk of the Storm skipping town for someplace where the pastures and center-court decals were greener.
Furthermore, having emerged from the shadow of the men's team, Ceis opined that the Storm's bottom-line might improve.
"Under their old arrangement it was tough. Their lease was through the Sonics so they didn't have access to advertising revenue and concessions," Ceis said.
Double Dribble: Even having Sue Bird and Lauren Jackson playing ball at the Key, there is still a huge hole in the arena's event schedule now that the Sonics are sucking prairie dust in Oklahoma City.
Compounding this problem, the Seattle Thunderbirds have moved to Kent and are playing in the brand-new, shiny and taxpayer funded ShoWare Center, a.k.a. the Kent Events Center. We're informed the ShoW smells good too.
In order to stem the exodus, last October the city signed a one-year agreement with AEG Facilities to book events for Key Arena.
According to their website, AEG is one of the "leading sports and entertainment presenters in the world", owning rights to the STAPLES Center in Los Angeles, The Rose Garden in Portland and the Prudential Center in Newark, New Jersey. Locally, they manage the WaMu Theater at Qwest Field.
Prior to this, event scheduling was shared between the Sonics and city staff at Seattle Center.
Seattle University, now a Division I team, has begun playing its home games at the Key and is, at the moment, the arena's second-largest tenant.


























