Found July 10, 2008 on Awful Announcing Inactive:

Our Summer League friends Dante and Galante have been hard at work this past week bringing you boring Basketball and ridiculous commentary. One of the things they joked about on Day One is even being taken seriously by those in the Basketball community.

The two were taking emails on what the new Oklahoma City franchise should be called when an emailer suggested the Oklahoma City Thundercats. The two joked about the 80s cartoon for awhile and then talked about old cartoons for about a half an hour. Well apparently the Seattle Post Intelligencer and those on the Yahoo message boards didn't get the joke....
Other than green trim on the sneakers of Westbrook and Ronald Dupree, and one person on the Oklahoma City bench wearing a pair of Seattle game trunks, the team bore no resemblance to the one that would have been here representing Seattle. Kevin Durant was there to cheer his quasi-teammates on, wearing a simple white T-shirt and the black shorts, not the Seattle gear that thousands of fans in the Pacific northwest bought over the past 12 months.

P.S. - Word on the online street is that the OKC team might adopt the name "Thundercats." Someone has already parked oklahomacitythundercats.com and okcthundercats.com....
Are you kidding me people? It'd be one thing if they were joking about the name "The Oklahoma City Silverhawks" or the even "The OKC Speed Racers". But the Thundercats? Are people really that gullible??? I guess so.

Be sure to read through the Yahoo Answers page for a laugh. Here's my favorite....
I think its too high school/NBDL kinda name. I wish the creators spent more time on it than slam the weather and an animal's name together. Its like cmon. Honestly. Call it the Bears or something, but Thundercats? Can you imagine it? "And the Thundercats are the King of the World, they are your NBA Champions!" *shiver.
Actually that sounds awesome. I take everything back.

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