A new arena for the OKC Thunder? Mayor David Holt makes the pitch to ditch Paycom Center.
Talks between the Thunder and Oklahoma City will begin in October 2022 on funding a new arena. OKC will have a number of funding mechanism to pay for
a 'debt free' arena thru the popular MAPS initiatives or 3 year bond; could include MAPS penny sales tax initiative and bonds (combination). Oklahoma City has
funded a number of large projects that are debt free. Previous $963 million bonds expire in 2027 and the current $978 million MAPS 4 initiative expires in April 2028.