Shai Gilgeous-Alexander
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OKC Thunder announced the name for its $900M arena
The Oklahoma City Thunder has struck a naming rights deal for its upcoming $900M arena.
A 15-year naming rights agreement with Continental Resources will brand the Thunder’s next home as Continental Coliseum when it opens in late 2028, per Boardroom.
“Headquartered in Oklahoma City, Continental is the world’s largest privately held oil and natural gas producer, making the partnership a locally rooted investment in one of the NBA’s next-generation venues,” Boardroom writes.
This marks the only NBA team whose venue is dubbed a Coliseum.
Demolition of the site for Continental Coliseum, which is across the street from Paycom Center, is nearing completion.
Construction will be spearheaded by Flintco, the same Oklahoma-based company that built Paycom Center, according to Yahoo Sports.
“We’re grateful to expand our partnership with Continental Resources and for their belief in our organization and in the future of Oklahoma City,” Thunder chairman Clay Bennett said in a press release.
“We really wanted an Oklahoma partner for this transitional moment in the history of our city. We are proud to align with an organization that embodies the resilience, ambition and spirit that define our state. As a company founded and built in Oklahoma, Continental shares our deep roots and enduring commitment to this state.
“Continental Coliseum will stand as a lasting symbol of that shared commitment — a place where our fans, our city, and our state unite to create unforgettable moments for generations.”
Thunder Announces Name for Next-Gen Arena
OKC Thunder
GettyEconomists project Continental Coliseum will generate over $500 million in Oklahoma City
A new era of Thunder basketball will unfold at Continental Coliseum.
The $900 million arena is expected to open in time for the start of the 2028-29 NBA season. Construction to clear way for the project is ongoing.
Sports Dissected shared on March 19 renderings of the cutting-edge arena on social media.
Continental Coliseum boasts a 360-degree glass exterior, providing visitors with a panoramic view of downtown Oklahoma City.
The nearly billion-dollar venue will be roughly 30 percent larger than Paycom Center.
This will lead to wider concourses and more entertainment space. Plus, the potential for larger seats with increased legroom.
Continental Coliseum will be the NBA’s first new stadium since the Intuit Dome opened in 2024.
“Continental Coliseum is so unique and evokes a sense of pride in the strength and resilience of our community,” Bennett said. “The name represents the spirit of competition and excellence. We’re thrilled for the Thunder, Continental Resources, the city and every citizen who voted yes for the future of Oklahoma City.”
Around the NBA, there are 16 Centers, eight Arenas, two Forums, two Gardens, a Dome and a Fieldhouse. The Thunder’s new home will be the first NBA venue dubbed a Coliseum.
According to the team’s press release, Continental Coliseum will host a variety of events beyond basketball. The venue will be a top destination in the area for live experiences, featuring everything from national sporting events to family shows and top touring artists.
The new venue will support over 3,000 jobs while hosting the Thunder through 2050.
Economists project that Continental Coliseum could generate an estimated $513 million to $590 million in annual economic activity for Oklahoma City.