The Oklahoma City Thunder's future is secure in the city through at least 2053, thanks to a new lease agreement announced by Mayor David Holt. This long-term deal ensures that the Thunder, who moved from Seattle in 2008, will call a new downtown arena home starting in 2028, aligning with their current playoff run towards their first NBA championship since relocating. A significant $900 million construction cost for the new arena will mainly be funded by a one-cent sales tax increase, with the Thunder contributing $50 million.

The lease includes hefty penalties, up to $1 billion, should the franchise leave Oklahoma City early. The agreement highlights the community's commitment to retaining the franchise, especially as the Thunder, now in the NBA Finals, have experienced a notable rise in win totals under coach Mark Daigneault. Following a season with a franchise-best 68 wins, the Thunder are poised to make history.