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Oklahoma City cautiously optimistic about Sonics' possible relocation

Updated: November 2, 2007, 6:34 PM ET
Associated Press

OKLAHOMA CITY -- Mayor Mick Cornett expressed cautious optimism Friday after the Seattle SuperSonics' ownership group announced plans to relocate the NBA franchise to Oklahoma City.

Cornett called the announcement "a significant step forward" toward securing the Sonics but quickly noted that "I'm reminding people it's not the final step of the process."

Litigation is still pending over the team's lease agreement in Seattle and the league's Board of Governors would have to approve any ...

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