A shade of green will be coming to downtown Oklahoma City as Paycom purchases the naming rights to the former Chesapeake Energy Arena.
For at least the next 15 years the arena will be known as the Paycom Center, as one of the state’s largest company’s lays claim to the home of the OKC Thunder.
“We have clients in all 50 states and territories, and we think this is a natural extension of our ability to have a national presence, a regional presence, but also a local presence here in our home in Oklahoma City, so we’re very proud of that,” Paycom Vice President Jennifer Kraszewski said.
The Thunder hosted YMCA youth basketball camps Tuesday, inviting OKC kids to be the first to play on the floor of the newly named center.
The arena owned by the City of OKC will undergo upgrades to lighting and signage, preparing for a return to full capacity events in August.
“In a few weeks if not a month or so, we’ll see signs going up around the arena and you’ll see a very enhanced lighting package that will outline the roof of the building to really help to elevate the arena itself,” Thunder Senior Vice President Brian Byrnes said.
The Thunder and Paycom are not disclosing the dollar amount behind the 15-year agreement.