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Thunder’s New Arena Named Continental Coliseum in 15-Year Deal

The deal links a hometown energy company to a $900 million arena project nearing the start of construction.

Overview

  • A 15-year naming-rights agreement announced Tuesday brands the venue the Continental Coliseum with Oklahoma City-based Continental Resources, and the new name rolls out on construction fencing and future signs.
  • Demolition at the downtown site across from Paycom Center is nearly complete as builders Flintco and Mortenson prepare to mobilize.
  • The team targets a late-summer 2028 opening for the 2028–29 NBA season, and the Thunder will keep playing at Paycom Center until then.
  • Coverage places the arena budget near $900 million and cites projections of more than 3,000 supported jobs and hundreds of millions in annual economic activity.
  • Public reaction is mixed, with some praising the strong branding and others questioning taxpayer costs, future ticket prices, and whether the sponsor could one day move its headquarters.