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Larry Ellison, Oracle founder and Chuck Norris stunt double, lost yet another bid for a sports team when the Seattle SuperSonics rebuffed his $425-million offer. The Sonics didn't want to move to San Jose as Ellison planned. Instead, the Sonics owners sold (for just $350 million) to Oklahoma investors who will keep the team in Seattle.

What a loss. It would have been fun to see Ellison buy the Sonics, add five guys to the team so it's the biggest in the league, get BMW to sponsor the stadium, and dabble in actually coaching them before getting bored and replacing them with a baseball team.

The NBA in S.J. not dead deal yet [Mercury News]