I know less than nothing about economics so, every now and then, I peek in to the Sports Economist blog.

Now that the Storm are safe by Sound, it's intriguing to note how the Sonics are arguing for the team's release from Washington. Note the peeps over at the site:

"The financial issue is simple, and the city's analysts agree, [say the Sonics' attorneys] there will be no net economic loss if the Sonics leave Seattle. Entertainment dollars not spent on the Sonics will be spent on Seattle's many other sports and entertainment options. Seattleites will not reduce their entertainment budget simply because the Sonics leave," the Sonics said in the court brief.

...Rodney Fort, a professor of sports management at the University of Michigan, who has criticized the economic-impact claims made by pro-sports teams, called the Sonics' latest argument "the best chuckle" he's had in a long time.

Gosh, I can see why Oklahoma City (or whoever) would be tempted to invite a NBA team to their city.