Original sentence: After asking local governments to fund a $500 million arena complex, the group notified the NBA that it intended to move the team to Oklahoma City and requested arbitration with the City of Seattle to be released from the lease with KeyArena.Terms of the sale required the new ownership to "use good faith best efforts" for 12 months in securing a new arena lease or venue in the Greater Seattle Area
Edited sentence: After a year of asking local governments to fund a $500 million arena complex, the group notified the NBA that it intended to move the team to Oklahoma City and requested arbitration with the City of Seattle to be released from the lease with KeyArena.The new ownership said the team had lost money due to the inadequacies of KeyArena, but would stay in Seattle if a new arena was built