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Seattle investor can shop for team

Updated: September 16, 2012, 12:07 PM ET
Associated Press

SEATTLE -- Chris Hansen has a ticket to shop.

His list is short: Find an NBA franchise willing to sell and bring professional basketball back to Seattle.

Hansen, the investor trying to build a new arena, said Thursday that the league has been closely watching what's taking place in the Pacific Northwest and a renegotiated memorandum of understanding between Hansen and the city council on the proposed arena goes a long way to easing the league's concerns about Hansen's plan.

"It ...

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