If you’re even a casual NBA fan, you’ve heard of Chesapeake Energy. In 2006, the late Aubrey McClendon, then chief executive officer of Chesapeake Energy, was a part of the group that purchased the Seattle Supersonics (and Seattle’s WNBA team, the Storm) from Starbucks founder, Howard Schultz. McClendon’s stake in the ownership group became national news when a group email including McClendon and Clay Bennett, the Thunder’s largest stakeholder, was released. In that email, Bennett told the other owners that he was a “man possessed” to get the Sonics relocated to Oklahoma City, to which McClendon enthusiastically expressed his support for the move.
Chesapeake Energy’s Bankruptcy: What It Means for the Thunder
