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.

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

The Oklahoma City Thunder and Oklahoma City officials unveiled renderings of the new arena at Mayor David Holt's State of the City address Wednesday.