Afterward, Holt revealed a ballpark estimate of the new arena's capacity. He said it will likely be in the 17,000 range, a downgrade from Paycom Center's 18,203 number. The arena will be larger, though, by around 200,000 square feet.

Oklahoma City’s new billion-dollar arena, set to open in 2028, will host the Thunder and boost the city’s appeal for concerts, tours, and major events.

After playing in the Paycom Center since 2021, the OKC Thunder basketball team will get a new name for its newly built arena.