Thursday , Oct , 26 , 2006 C.Y. Ellis

Walker walks away from Sonics

Seattle, WA (Sports Network) – The Seattle SuperSonics announced Thursday
that president and CEO Wally Walker will leave his position, accompanying the
sale of the franchise effective October 31.

“With the transfer of the Sonics and Storm to the Professional Basketball Club
imminent, it is time to announce that I will leave the Sonics and Storm in
conjunction with the ownership change next week,” Walker said.

The NBA Board of Governors announced its approval of the sale of the Seattle
SuperSonics to the Professional Basketball Club (PBC) LLC, an Oklahoma City
investment group, at its annual meeting on Tuesday.

The group, led by businessman Clay Bennett, also acquired the Seattle Storm as
part of the deal, which was announced at a news conference on Tuesday.

“On behalf of the Professional Basketball Club LLC, I want to express my deep
appreciation to Wally [Walker] for his many valuable contributions to the
Sonics and Storm over an impressive 19-year career,” Bennett said. “We will
always consider him a part of the family, and know he will share in what we
believe will be a great future for the organization.”