US EditionCity council approves special election for new OKC Thunder arena
- The Oklahoma City Council has scheduled a citywide vote on a proposed 1% sales tax to fund a new $900 million downtown arena. The funding of the arena is aimed at securing the NBA's Thunder in the city until at least 2050.
- To reduce costs, the Thunder's ownership group has been required to contribute $50 million towards the arena's construction. This contribution was approved by a 7-2 vote from the city council.
- The new arena is expected to be ready for the 2029-2030 NBA season, replacing the outdated Paycom Center, which is currently one of the smallest and oldest arenas in the league. The city officials hope that the new arena will provide a compelling reason for the Thunder to remain in Oklahoma City.
17 Articles
17 Articles
City council approves special election for new OKC Thunder arena
OKLAHOMA CITY (KFOR) - The Oklahoma City council voted Tuesday to allow a special election December 12, 2023, where residents can decide on a proposed arena for the Oklahoma City Thunder. The council voted 7-2 to allow the election. Both JoBeth Hamon and Nikki Nice voted against the proposal. The current Paycom Center sits in Ward 7 which is Nice’s district, while the proposed arena would cross into Hamon’s Ward 6. EMBARK Transit passes hal…
Oklahoma City Council sets vote on $900M arena to keep NBA's Thunder through 2050
OKLAHOMA CITY (AP) — The Oklahoma City Council voted Tuesday to set a Dec. 12 citywide vote on a proposed 1% sales tax for six years that would fund a new $900 million downtown arena and keep the NBA's Thunder in the city through at least 2050.
Oklahoma City Council sets vote on $900M arena to keep NBA's Thunder through 2050
OKLAHOMA CITY (AP) — The Oklahoma City Council voted Tuesday to set a Dec. 12 citywide vote on a proposed 1% sales tax for six years that would fund a new $900 million downtown arena and keep the NBA’s Thunder in the city through at least 2050. The council also voted 7-2 to approve a letter of intent with the Thunder’s ownership group that would require the group to contribute $50 million toward the arena’s cost. The deal also calls for $70 mill…
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