Thunder Plans Transition to New Arena Naming Rights Partner

OKLAHOMA CITY, April 20, 2021- The Oklahoma City Thunder is in the process of working to secure a new naming rights partner for Chesapeake Energy Arena, the team announced today. Chesapeake Energy Corporation has informed the Thunder that as part of its recently completed restructuring, it is terminating its arena naming rights agreement with the team, effective immediately. The original 12-year agreement was announced in 2011. The Thunder is now focused on identifying a new long-term naming rights partner. In the interim, the building will continue to be called Chesapeake Energy Arena.
“As we move toward a transition to a new naming rights partner for our arena, we would like to recognize our extraordinary history with Chesapeake Energy,” said Clayton I. Bennett, chairman of the Oklahoma City Thunder. “For a decade, the arena has proudly bore its name and we thank Chesapeake, one of our founding partners, for its loyal support and partnership.

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