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Updated Feb 20, 2012 - 11:03 am

Field of Schemes?

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I'm a Sonics fan from way back -- I want to cheer. But I've been burned. Is this "self-sustaining" stadium too good to be true? On 97.3 KIRO FM Seattle's Morning News we spoke with Neil deMause, a New York journalist who wrote the book "Field of Schemes: How the Great Stadium Swindle Turns Public Money into Private Profit."

Listen to New York journalist Neil DeMause on the likelihood of getting an arena

You can read more from him at his blog. It's full of smart chat about this deal.

Overall, he seems positive but he also warns of ways that "self-sustaining" can be self-deceiving.

And for fantastic, ongoing local coverage of this story -- the building, the politicians, the investors, the fandom -- follow the whole shebang at 710 ESPN Seattle's "Brock and Salk blog." (Latest: Why are we a LIKELY spot for an NHL team?)

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Bill Radke

Bill is co-host of Seattle's Morning news, 5-9, on 97.3 KIRO FM. Bill is well known in the Northwest as a journalist, author, comedian, and talk show host. Radke started his career at KIRO as an intern in 1983. He recently returned home from Los Angeles.

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