Oklahoma City Thunder

Hometown Pride: Financing Big League Arenas

Jan 19, 2017

Sports teams spending money on glitzy stadiums. Who really benefits and who should pay for them?

In a time when owners of professional teams are asking fans to foot the bill for glitzy stadium renovations, the residents of San Diego said no. They won’t pay for a new stadium. So the owner announced last week that he’s taking the team to Los Angeles. It’s all part of a trend of owners moving big league teams to markets that will pay billions more. Up next, On Point: Paying to play. Who benefits, and who should pay?

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Organizers say Michael Jordan will introduce Russell Westbrook when the Oklahoma City Thunder star is inducted into the Oklahoma Hall of Fame next month.

Hall of Fame officials announced the presenters Thursday for the ceremony on Nov. 17.

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Oklahoma City Thunder forward Mitch McGary has been suspended without pay for at least 10 games for violating the terms of the league's anti-drug policy.

The league announced Tuesday that the suspension will begin when he has finished serving a five-game drug suspension that was announced in July. After the previous suspension, McGary said in a statement that he needed to "take accountability and ensure that this does not happen again."

Once the sale closes, Oaktree Capital Group LLC will release its claim on the cash distributions McClendon was entitled to receive from his approximately 20 percent stake in the Thunder.

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The Denver Nuggets traded forward Joffrey Lauvergne to the Oklahoma City Thunder on Tuesday for two second-round draft picks in 2017.

Lauvergne, a native of France, appeared in 83 games for the Nuggets, including 16 starts, averaging 6.7 points and 4.4 rebounds. He was the 55th pick in the 2013 NBA draft and made his debut for Denver late in the 2014-15 season.

With the move, ESPN's Royce Young predicts the Thunder to clear the log jam at power forward in a possible trade for a small forward.

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Russell Westbrook is featured in a Nike commercial for the new Air Jordan XXXI shoes.

Watch it below.

The Oklahoma City Thunder have signed veteran guard Ronnie Price.

Thunder general manager Sam Presti announced the signing Sunday. Terms of the contract were not released.

The 11-year NBA veteran played last season for Phoenix, averaging 5.3 points, 2.4 assists and 19.5 minutes. He also has played for Sacramento, Utah, Portland, Orlando and the Los Angeles Lakers.

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The Russell Westbrook era in Oklahoma City will continue for at least three more years.

The All-Star point guard signed a contract extension with the Thunder on Thursday. The Associated Press reports the deal is worth $85.7 million.

Fans cheered Westbrook’s name as he entered the Chesapeake Energy Arena on Thursday for a press conference to announce the extension. He told reporters there’s no place he would rather be than Oklahoma City.

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