Kraken owners take step toward a Seattle Sonics NBA team

March 23, 2026 - 19:39

The ownership group of the NHL's Seattle Kraken has taken a significant step that could pave the way for the return of the Seattle Sonics. They have officially formed a new parent company, One Roof Sports and Entertainment, a move widely seen as positioning the organization to pursue an NBA expansion franchise.

This strategic restructuring consolidates the Kraken, Climate Pledge Arena, and the team's other ventures under a single, unified banner. The creation of One Roof Sports is designed to build a stronger, more cohesive sports and entertainment enterprise. Crucially, the new structure is explicitly intended to be capable of adding another major professional sports team to its portfolio.

While the NBA has not yet announced any formal expansion plans, the league's commissioner has acknowledged Seattle as a leading candidate for a future team. The establishment of this new parent company signals the Kraken ownership's serious intent and readiness to act when the opportunity arises. For many fans, this move rekindles hope that the Sonics, a franchise with a storied history in the city before relocating in 2008, could one day return to the court under local, dedicated ownership. The initiative demonstrates a long-term commitment to making Seattle a premier hub for professional sports.