During last year’s State of the City address, OKC Mayor David Holt brought up the possibility of building a new arena for the Oklahoma City Thunder.
The Thunder’s lease at Paycom Center ends in 2026 after they signed a short-term extension. But considering the size and age of the arena — both near the bottom of the league — it’s almost time to build a new NBA home to secure the long-term future of the franchise.
In this year’s State of the City address, Holt spoke more in-depth about a new arena, saying it’s time to take the next steps in the multi-year process and come to an agreement on a proposal before the end of 2023.
Let’s look at the biggest takeaways from Holt’s address and the details he provided about a new potential arena.