KJR Sports Radio's Mitch Levy of the Mitch in the Morning show shared some information that he is apparently privy to, regarding the rumored arena deal announcement Thursday afternoon at 2:00pm. Mitch took to Twitter to leak a little of the information he's received.

Tomorrow is going to be a very good day for sports fans in the northwest who crave the return of the NBA!

— mitch levy (@kjrmitch) February 16, 2012

Don't want to steal the Mayor's thunder & say too much about the proposed deal that he'll unveil tomorrow but I, for one, think its a BEAUTY

— mitch levy (@kjrmitch) February 16, 2012

Essentially Hansen is asking for taxes that will be generated by this $450 to $500M to go back into the building cost of the arena

— mitch levy (@kjrmitch) February 16, 2012

Talking about admission taxes, property taxes etc generated by the building that the city/county wouldnt have if the building didn't exist.

— mitch levy (@kjrmitch) February 16, 2012

ZERO cost to the taxpayer. I repeat ZERO cost to the taxpayer.

— mitch levy (@kjrmitch) February 16, 2012

A GREAT stat: If this plan goes through, there will be more PRIVATE money invested in this arena (appr $280M) than in all but 2 in history!

— mitch levy (@kjrmitch) February 16, 2012

Only Madison Square Garden remodel and The Staples Center would have more private money invested in them than the new Seattle Sports Complex

— mitch levy (@kjrmitch) February 16, 2012

Lots of you are asking: Ballpark figures -- $280M from private money, appr $200M from the taxes generated by the building if it is built

— mitch levy (@kjrmitch) February 16, 2012

Lets let the Mayor - who by all accounts has been absolutely TERRIFIC thus far - take it from here tomorrow at City Hall

— mitch levy (@kjrmitch) February 16, 2012

For fans of the NBA returning to Seattle, let's hope Mitch's information is correct.