I hadn't realized that a lawsuit just started between the city of Seattle and the Sonics (no longer "Super," right?). I don't know much about the case, but it looks like there are some interesting contract law issues in the case so I flag it for those who are interested. The Sports Economist has a number of posts on the developments in the trial and The Sports Law blog provides an overview of the theory of the case here.

However it turns out, this may be a good subject for a law review note topic.