The Oklahoma City Thunder announced on Tuesday the new naming rights partner for their arena, which will now be known as Paycom Center.
The naming rights partnership between the Thunder and the Oklahoma City-based online payroll and human resources technology company is for 15 years. Financial terms of the deal were not disclosed.
This comes after the Chesapeake Energy Corporation terminated its naming rights contract in April, following a ten-year partnership.
The arena’s name change takes effect immediately. Changes to interior and exterior signage featuring Paycom’s branding is expected to be completed in time for the start of the next NBA season in October.
