J.A. Adande, one of my favorite reporters on ESPN's "Around the Horn", wrote an outstanding article about the situation the Seattle SuperSonics find themselves in heading into the coming weeks. This is the best article I've seen written on the topic and provides a very well-balanced and thorough analysis on the state of the team, the owners, and the litigation and arbitration surrounding the potential/inevitable move to Oklahoma City.
Read the article here. Just be sure to hold your nose when you click the link, as everything about this situation stinks.