Seattle group announces arena agreement, adds investors

People-wait-to-get-into-KeyArena-for-an-event,-Wednesday,-June-7,-2017,-in-Seattle.-Seattle-Mayor-Ed-Murray-said-Wednesday-that-the-city-will-enter-into-negotiations-with-the-Oak-View-Group-on-a-proposal-for-a-privately-financed-renovation-of-the-city-owned-KeyArena.-(Ted-S.-Warren/AP)

People wait to get into KeyArena for an event, Wednesday, June 7, 2017, in Seattle. Seattle Mayor Ed Murray said Wednesday that the city will enter into negotiations with the Oak View Group on a proposal for a privately-financed renovation of the city-owned KeyArena. (Ted S. Warren/AP)

SEATTLE — The investment group hoping to bring an expansion NHL franchise to Seattle for the 2020 season has announced a new set of local investors including Seattle Sounders majority owner Adrian Hanauer and members of the Ackerley family that previously owned the Seattle SuperSonics.

Seattle Hockey Partners, the group looking to secure the franchise, also announced Wednesday that it will make a presentation before the executive committee of the NHL Board of Governors on Oct. 2.

Hanauer is perhaps the most notable addition to the ownership group, but adding Ted and Christopher Ackerley is a nod to the history of professional sports in Seattle. The Ackerley family owned the NBA’s Sonics from 1983 to 2001 before selling the franchise.

The city of Seattle and sports facilities company Oak View Group also announced several agreements Wednesday on the proposed renovation of KeyArena, the former home of the Sonics that would serve as the future home for an NHL team.

The agreements, including one on a long-term lease, will be forwarded to the City Council and must be approved before the planned $700 million reconstruction of the arena can begin.

The final event at the current KeyArena is scheduled to be an NBA exhibition game on Oct. 5.

When submitting content, please abide by our submission guidelines, and avoid posting profanity, personal attacks or harassment. Should you violate our submissions guidelines, we reserve the right to remove your comments and block your account. Sportsnet reserves the right to close a story’s comment section at any time.