Oklahoma City Mayor David Holt opened up talks on a potential new arena for the Oklahoma City Thunder during his State of the City address earlier this month.
Holt announced that the team signed an extension to their lease with Paycom Center — who’s been home to the Thunder since their arrival in 2008 — that will keep the team there for four more seasons.
But after the 2025-26 season, Holt ideally wants the team to have a new arena done or close to done by then to secure the long-term future of the franchise in the city.