The OKC deal is actually a pretty square deal. The team is putting up 50m and the city is putting up another 70m, but the city retains ownership and use over the property. The funding is also coming from extending a 1% sales tax weve already been paying for the last 5 years.
It’s not what I would prioritize, but at least we’re actually going to keep the infrastructure we’re paying for.
OKC right now
The OKC deal is actually a pretty square deal. The team is putting up 50m and the city is putting up another 70m, but the city retains ownership and use over the property. The funding is also coming from extending a 1% sales tax weve already been paying for the last 5 years.
It’s not what I would prioritize, but at least we’re actually going to keep the infrastructure we’re paying for.