American businessman Clay Bennett comes with an estimated net worth of $400 million. Produced Clayton Ike Bennett in Oklahoma City, Oklahoma, he became one of the main owners of the San Antonio Spurs. He has worked with Oklahoma-based businessmen to reach a deal for the relocation of the New Orleans Hornets after Hurricane Katrina. The team moved to Oklahoma City for another two years.
Clay Bennett Net Worth $400 Million
Bennett also served as the chairman of Professional Basketball Club, LLC (PBC) based in Oklahoma that owns the Oklahoma City Thunder in the National Basketball League (NBA). PBC is whoever owns the Seattle Supersonics and Seattle Storm professional basketball teams. In 2006, Sonics was purchased from Howard Schultz, the CEO of Starbucks, for $350 million. It was afterwards renamed Thunder after all rights such as the name, logo or colors were relinquished.
Clay Bennett was named the chairman of the relocation committee of the NBA. His ownership of the Sonics, later the Thunder, was accounted in the 2012 novel Big League City: Oklahoma City’s Rise to the NBA by David Holt. Clay is also the chairman of Dorchester Capital Corporation as well as the chairman emeritus of the board of directors of the Oklahoma Heritage Association.