OKC is dropping major fiat on basketball. All of their extensions almost equal $1B and now this new arena!
Construction is scheduled to start in early 2026. The goal is for it to be ready for the NBA’s 2028-29 season. Until then, the Oklahoma City Thunder will continue to play at Paycom Center, the team’s home court since 2008.
The project is being funded by a 72-month, one-cent sales tax that will start when the MAPS 4 tax ends, with an additional $70 million in MAPS 4 funding and $50 million from the Thunder ownership group.
Flintco-Mortenson JV breaks ground on $900M Oklahoma City NBA arena
An exterior rendering of the Continental Coliseum basketball arena to be built in Oklahoma City, Okla. Retrieved from Oklahoma City Thunder on March 27, 2026
The reigning NBA champions have tipped off work on their new home.
Major project stakeholders attended the Thursday groundbreaking of the Continental Coliseum, the future $900 million arena for the Oklahoma City Thunder.
Of the cost, $850 million will come from Oklahoma City residents and consumers, according to the Oklahoma City Free Press. The money will come through penny sales tax extensions and funds from Metropolitan Area Projects, a capital improvement plan for the city paid for by temporary tax increases. The Thunder’s ownership group will contribute the remaining $50 million.
Thanks to your articles (also), I'm starting to like the USA :P