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Seattle agrees on arena deal

Updated: September 11, 2012, 9:49 PM ET
Associated Press

SEATTLE -- Efforts to bring the NBA back to Seattle took a giant step forward in a revised arena deal announced Tuesday, with investor Chris Hansen agreeing to kick in more money for transportation improvements near a proposed new arena, personally guaranteeing the city's debt -- and offering to buy everyone a beer.

The plan for the $490 million arena, which also could host an NHL team, represents the best shot at bringing the NBA back to Seattle. The SuperSonics ended their 41-year run ...

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