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September 28, 2023

Vote on new $900M arena for NBA's Thunder

  • A deal with team owners calls for the arena to open in time for the 2029-2030 NBA season.

    • OKLAHOMA CITY — 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 million in city funds from an existing sales tax approved by voters in 2019 for upgrades to the current Paycom Center.


     
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