 In 2006, Howard Schultz sold the SuperSonics for $350 million to a group of Oklahoma City investors led by Clay Bennett, a move approved by NBA owners the following October.In 2007, Bennett announced that the franchise would move to Oklahoma City as soon as the lease with KeyArena expired.In June 2008, a lawsuit brought by the City of Seattle against Bennett due to his attempts to break the final two years of the Sonics' lease at KeyArena went to federal court.