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Monday, September 17, 2012

Seahawks looking Ducky these days

We had the tube on and were checking in on the football doings in Seattle yesterday -- Portlanders are stuck watching the Seahawks no matter which other, more interesting games are being played at the same time -- when we noticed the team's new uniforms:

The new splashes of yellow green are highly reminiscent of the gear sported by the kids at UC Nike. Between the gaudy color and the infernal swoosh symbol everywhere, it's straight outta Eugene. Just remember the motto, Seattle: "We smoked it all."

Comments (4)

The Seahawks looked like a rejuvenated team - you gotta wonder just what those unis are made of??

Meanwhile... how are things going at Peacock Nation? Do they get to wear the infernal swoosh?

Not on football uniforms, as they don't have a football team.


The "Seattle Swooshes." It's only a matter of time. Funny, isn't "swoosh" the same sound you hear when municipalities issue bonds or take backdoor private loans these days, too? --



Notable excerpt:

Though formal votes are still required, Tuesday's announcement effectively gave Hansen, a San Francisco hedge-fund manager, and his fellow investors, including Microsoft CEO Steve Ballmer and Peter and Erik Nordstrom, of the department store clan, the green light to begin shopping for an NBA team.

The deal calls for $200 million in public financing to be paid back by arena-related taxes and rent. Under new terms announced by the city council, Hansen would double to $30 million the reserves required to be kept on hand in case the arena's finances don't perform as expected.

Should the reserve run dry, Hansen would cover the balance himself. He agreed to be independently audited to assure that he's worth at least $300 million.

And at the end of the 30-year use agreement for the new arena, the city could force Hansen to buy it back for $200 million or make him pay to have it torn down should the team move on.

The three city council members who announced the deal said the new terms mark a significant improvement for taxpayers over the original deal reached between Hansen and Mayor Mike McGinn in May. A council committee is expected to vote on the agreement Thursday, and the full council could vote as early as Monday. The King County Council already approved the earlier deal but would have to approve the changes as well.

"This agreement could fundamentally change the model of how public-private partnerships involving sports franchises are structured," said councilman Tim Burgess.

Hansen, a Seattle native, early Facebook investor and big Sonics fan, said the talks were difficult, but that he was happy to be able to find common ground with the council. He thanked the fans who supported him through the process, and -- though not actually part of the deal -- he offered to buy a celebratory beer for anyone who shows up on Thursday evening at FX McRory's, a bar near the planned site of the arena.

The initial plan for the deal drew objections from the Port of Seattle, which expressed fears that putting a third sports facility in the neighborhood south of downtown -- next to the Seahawks and Mariners stadiums -- would choke crucial transportation corridors that support 30,000 jobs in the region and generate $3 billion in annual revenue.

The new agreement calls for $40 million to be put into an account to improve the mobility of freight in the area, an amount state Rep. Judy Clibborn described as a down payment that could be used to recruit further investments from the port and other organizations.

The port issued a statement Tuesday saying it would review the deal. The statement said the Port of Seattle Commission appreciates the council's efforts to revise the original proposal to respond to concerns.

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