Hornets pay Oklahoma City $3.8 million settlement
OKLAHOMA CITY -- Oklahoma City accepted a $3.8 million settlement offer Tuesday to cover its expenses from the New Orleans Hornets' temporary relocation and its share of the team's revenues from a successful first season in the city.
The offer, approved unanimously by the mayor and the City
Council, was included in an amendment to the team's temporary
relocation agreement and also includes terms for the team's second
season in Oklahoma City and an option for a third season considered
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