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Impact of new arena to be studied

Updated: April 5, 2012, 7:16 PM ET
Associated Press

SEATTLE -- A venture capitalist who wants to build a sports arena to bring professional basketball back to Seattle will pay for a study to determine the impacts on traffic and parking following objections by his potential neighbor -- the Seattle Mariners.

Without disclosing its price, Chris Hansen pledged Thursday to pay for the study, which he hopes will be concluded in between six to eight weeks by a private consultant.

"At the end of the day I am also a Seahawks, Sounders and Mariners ...

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