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San Francisco hedge fund manager Chris Hansen
confirms he's now locked up seven parcels of
land south of Safeco Field. (AP Photo)

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The wealthy hoops fan who's trying to bring the SuperSonics back to Seattle continues to buy property in SoDo.

San Francisco hedge fund manager Chris Hansen confirms he's now locked up seven parcels of land south of Safeco Field where he wants to build a new basketball and hockey arena. He says most sales should close in the next few months.

Hansen tells the The Seattle Times he knows he is taking a financial risk in buying the properties since there is no deal in place yet with the city and the county on the public part of the project.

Hansen reveals for the first time that the more than five acres of property he now controls includes a large chunk of land north of the proposed arena site that could be used for parking or a practice facility.

It's not known how much Hansen paid for all that land, but based on previous sales, the figure could be just short of $40 million.

Follow Tim Haeck, KIRO Radio Reporter

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