Seattle City Council approves new arena deal (Yahoo! Sports)

SEATTLE (AP) -- A wealthy hedge-fund manager won approval Monday for his plan to bring professional men's basketball and hockey back to Seattle, with initially skeptical City Council members agreeing to put up $200 million for a new arena after he promised to personally guarantee the city's debt.

Source: http://us.rd.yahoo.com/sports/rss/nba/SIG=12oirmr3l/*http%3A//sports.yahoo.com/news/seattle-city-council-approves-arena-224309523--nba.html

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