Oklahoma City Thunder seeking new partner for Chesapeake Energy Arena

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OKLAHOMA CITY (KFOR)- The subsequent time you head to an Oklahoma Metropolis Thunder sport, you is probably not going into the Chesapeake Vitality Enviornment.

On Tuesday, the Oklahoma Metropolis Thunder introduced that the group is within the means of working to safe a brand new naming rights associate for the world.

Chesapeake Vitality Company introduced that a part of its restructuring plan, it’s terminating its enviornment naming rights settlement with the group, efficient instantly.

“As we transfer towards a transition to a brand new naming rights associate for our enviornment, we want to acknowledge our extraordinary historical past with Chesapeake Vitality,” mentioned Clayton I. Bennett, chairman of the Oklahoma Metropolis Thunder. “For a decade, the world has proudly bore its identify and we thank Chesapeake, one among our founding companions, for its loyal assist and partnership. As Chesapeake Vitality Enviornment, our constructing has been dwelling to so many thrilling and historic moments and occasions. As we glance to forge a brand new partnership for naming rights, we are going to establish a associate who will assist construct on that historical past and be the centerpiece of our rising, trendy and vibrant downtown setting.”

“We’ve drastically appreciated our long-standing partnership with the Thunder, and whereas our dedication to restoring our steadiness sheet and rising our competitiveness required us to terminate our naming rights settlement, as proud Oklahomans, we are going to proceed to strongly assist the group,” mentioned Doug Lawler, CEO of Chesapeake Vitality.

Till a brand new associate is discovered, the constructing will proceed to be referred to as Chesapeake Vitality Enviornment.

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