from Stephen Cohen of Seattle pi,

Would-be Seattle Sonics owner Chris Hansen has signed a “non-binding” agreement with a prospective NHL owner from Vancouver, B.C., regarding the proposed arena in Seattle’s Sodo neighborhood, according to a report from KING/5 TV.

Citing sources with knowledge of talks between Hansen and Vancouver’s Victor Coleman, KING’s Chris Daniels reported on Tuesday that “the two potential ownership groups have signed a ‘non-binding’ agreement which lays out the terms for Coleman’s contribution to the project and his potential revenue streams for a hockey franchise.”

Coleman, a real estate developer now based in Los Angeles, heads one of the groups bidding for a potential NHL team, and has been involved in ongoing discussions for a Seattle franchise. Hansen is the hedge-fund manager who headed an attempt to buy the Sacramento Kings and move them to Seattle in 2013.

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