The first is that this isn't good for Portland. It relieves pressure on Paul Allen to provide a quality product with the Blazers. He's been rumored to want to move the team to Seattle for some time now. I'd hate to see Allen's commitment to turn the team around falter because of this.
The other thing is that Commissioner David Stern's warnings to Seattle that they better get their act together on a new arena if they hope to have a new team in Seattle are rubbing me the wrong way. I love sports and I know this sort of stuff happens all the time with professional teams putting pressure on municipalities but Stern's talking about public money.
Don't even get me started on how Stern allowed Sonic's owner Clay Bennett to simply go through the motions of trying to get the Sonics turned around so they could stay in Seattle when it was clear from the start Bennett wanted to move the team to Oklahoma. Seattle bears a bunch of the blame for the team moving but they also got a bit of the shaft from the league.
Oh well. Good luck to the Oklahoma Bisons or whatever the hell they wind up calling the Sonics. May you have better fortune in Soonerland. You'll need it.