The I-5 rivalry effectively died not because Portland defeated Seattle on the court, but because Seattle lost its NBA franchise. After failed efforts to secure public funding for renovations to KeyArena, SuperSonics owner Howard Schultz and the Basketball Club of Seattle sold the team and the Seattle Storm in July 2006 for $350 million to Professional Basketball Club LLC, an Oklahoma City investment group led by Clay Bennett. Bennett's ownership quickly became associated with relocation plans, creating deep distrust among Seattle supporters who believed the team had been purchased with the intention of moving it. On April 18, 2008, the NBA Board of Governors approved a potential move to Oklahoma City by a 28–2 vote. Dallas owner Mark Cuban and Portland owner Paul Allen were the only dissenters. A settlement with the city of Seattle cleared the way for the club to play at Oklahoma City's Ford Center in the 2008–09 season. The move was especially cruel because Seattle had just drafted Kevin Durant second overall in 2007; he won Rookie of the Year, but the city never got to see the young star develop in a lasting SuperSonics era. The franchise became the Oklahoma City Thunder, while many Seattle fans rejected the relocated identity. Even years later, Sonics supporters traveled to Portland to boo the Thunder, turning ordinary Northwest games into mourning rituals for a stolen team and preserving the rivalry as a civic grievance rather than an active NBA series.
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