"OKC Voters Overwhelmingly Approve Sales Tax for New $900M Thunder Arena"

Oklahoma City voters have approved a 1% sales tax for six years to fund a new downtown arena for the Thunder, costing at least $900 million. The Thunder's ownership group will contribute $50 million, and an additional $70 million will come from a sales tax approved in 2019 for upgrades to the existing Paycom arena. The new arena is expected to open in time for the 2029-30 NBA season, and the Thunder have agreed to stay in Oklahoma City until at least 2050.