Oklahoma Metropolis unveiled plans for a brand new downtown enviornment that can price a minimal of $900 million.
The Thunder have agreed to play within the enviornment for at the very least 25 years. The stadium is scheduled to open by the 2029-30 season.
Thunder possession will contribute $50 million to the challenge. Further funding could be offered by the passage of a one-cent sale tax by metropolis voters on December 12.
“As this very public dialogue performed out over the past yr, the folks of Oklahoma Metropolis have overwhelmingly expressed to me two needs — (1) hold the Thunder for so long as attainable, and (2) do not increase taxes if it may be prevented. We’ve got achieved these two priorities with this plan, and it’s really a win-win for all of us,” mentioned Oklahoma Metropolis Mayor David Holt.