Connect with us

Oklahoma

Oklahoma City voters approve sales tax extension for new arena

Published

on

Oklahoma City voters approve sales tax extension for new arena


A sales tax extension to fund a replacement professional sports and concert arena costing at least $900 million won overwhelming approval from Oklahoma City voters Tuesday.

The continuation of a Metropolitan Area Projects (MAPS 4) one-cent sales tax for six years beyond its April 1, 2028 expiration date passed with 71% of the vote amid low turnout, according to unofficial election results, which tallied 41,129 votes in favor.

The arena will replace the city-owned Paycom Center, which has been home to the National Basketball Association’s Thunder since 2008.

Oklahoma City Mayor David Holt signs a letter of intent with the NBA’s Thunder in September for a replacement arena. After this week’s vote, he said: “Tonight, we told the nation, we told the world, that Oklahoma City is and shall remain a Big League City.”

Oklahoma City Mayor’s Office

Advertisement

“Tonight, we told the nation, we told the world, that Oklahoma City is and shall remain a Big League City,” Mayor David Holt said in a statement, referring to the team’s 25-year commitment to stay in the city once the new arena opens no later than the start of the 2029-2030 basketball season.

The financing plan will tap $70 million in MAPS 4 funding earmarked for the existing arena and the Thunder’s $50 million contribution to cover upfront costs. 

“In light of the current interest rate environment, the City will evaluate various financing options while the design and construction timeline is developed,” Oklahoma City Chief Financial Officer M. Brent Bryant said in an email Wednesday.

Previously, he has said financing through tax anticipation notes structured like a line of credit would bridge the gap until the arena facility sales tax collections begin in 2028.

Advertisement

The notes would be privately placed with a bank pursuant to a request for proposals that could be issued in 2026. Bryant in late September said the issuance of eight- or nine-year bonds was rejected due to interest costs.

MAPS financing began in 1993 with voter approval of a temporary one-cent sales tax. City voters passed the debt-free, pay-as-you-go funding method in subsequent years, most recently MAPS 4 in 2019 to raise a projected $1.1 billion over eight years starting in 2020. Funding was allocated to 16 projects, including $116 million for the Paycom Center. 

Holt has been pushing hard for the project, making it the main theme of his State of the City address in July. After the city council this fall placed the tax extension on the ballot, his posts on the X platform warned that a “no” vote would risk losing the team.

The Thunder’s commitment to pay only $50 million for an arena that could end up costing more than $900 million was the main argument put forth by opposition group Buy Your Own Arena, which argued the city has other more pressing priorities to fund with tax dollars.

 “This is the worst NBA arena deal in more than a decade,” the group said on its website. “Increasingly, the trend is for billionaire sports franchise owners, who keep all the profits, equity and most of the revenue from these buildings, to build and pay for more and more of their own arenas.”

Advertisement



Source link

Oklahoma

Joel Klatt on Oklahoma's problems on offense: 'It's not a quarterback issue'

Published

on

Joel Klatt on Oklahoma's problems on offense: 'It's not a quarterback issue'


Oklahoma is reshuffling their entire offense after what happened last weekend against Tennessee. That won’t be fixed in just a week, though, with how bad that Joel Klatt thought they were on that side of the ball.

Klatt assessed the Sooners’ offensive film from their conference opener and reacted to it on his show this week. Frankly, it wasn’t pretty whatsoever for OU.

“What was that?” Klatt asked. “I did watch their offensive film on Sunday. It was gross. It was gross…Their film is a disaster. This offense has to go back to square one.”

“The offense was an absolute mess. Now they have a quarterback dilemma but I’m here to tell you that it is not a quarterback issue at Oklahoma,” said Klatt.

Advertisement

Oklahoma totaled just 222 yards overall with neither aspect being all that effective. They also only converted on third down just three times in the entire game.

That’s before getting to the quarterback question of it all. Jackson Arnold started the game and went 7/16 (43.8%) for 54 yards with three total interceptions. The Sooners then sat him for Michael Hawkins who went 11/18 (61.1%) for 132 yards, plus 22 more in rushing, and a touchdown.

Coming out of that game, Oklahoma is now sticking with Hawkins. However, with what all is wrong with their offense from a technical and foundational standpoint, Klatt knows it doesn’t matter which quarterback that they play.

“You can say all you want that, like, okay, they’ve got a quarterback issue and they’ve got to fix the quarterback position. It’s not a quarterback issue. It really isn’t. While their quarterbacks played poorly, it is an offensive issue,” said Klatt. “Every single piece of their offense was bad – every single piece. The game plan? Bad. Execution? Bad. The fundamentals? Bad. All of it. All of it. Every single piece of it. The protection plan was, at times, egregiously bad where the quarterback is looking dead into the spot where the linebacker is blitzing from, which means he either should be hot or side adjust, meaning, like, throw the football quickly, and he’s taking a full drop, hitching, and almost getting sacked while the offense shuffles the other direction, slides the other direction.”

“It’s wild what they’re doing!” Klatt exclaimed. “The schematics are totally off.”

Advertisement

For Klatt, that leaves the blame on the coaching staff. Either they coached them to do what he saw on tape, which would be bad, or they’re allowing the team to do what he saw on tape, which would be bad too.

“As a coach, you have to understand these two truths about the film that you watch. What you see on that film? You are either only one of two things – coaching or allowing,” said Klatt. “At OU, there is a lot of bad football being played. If you’re telling me that everything that they coach them to do is not being done on the film then that’s a problem. If they are doing what’s being coached then that’s a problem.”

Oklahoma might find some better offense with this change ahead of their first road game in the league. Still, Klatt says it’s going to take a lot more than that to fix what he saw happening in Norman last weekend.



Source link

Advertisement
Continue Reading

Oklahoma

Oklahoma vs. Auburn football injury report for Thursday

Published

on

Oklahoma vs. Auburn football injury report for Thursday


Oklahoma true freshman quarterback Michael Hawkins, Jr. is making his first start on the road, but won’t have five of the team’s top wide receivers against Auburn on Saturday, the latest SEC football availability report has revealed.

Deion Burks was downgraded to out after emerging as questionable in yesterday’s injury report, but the receiver is dealing with a soft tissue injury, according to head coach Brent Venables.

Nic Anderson, who made his first appearance of the season last week against Tennessee, is also listed as out, as are Jalil Farooq, Jayden Gibson, and Andrel Anthony.

OU’s offense took another hit as tailback Taylor Tatum was designated as out for the game after he exited last week’s loss against the Volunteers.

Advertisement

Defensive backs Kendel Dolby and Gentry Williams are also out for OKlahoma, as are offensive lineman Geirean Hatchett and place kicker Tyler Keltner.

Sooners linebacker Dasan McCullough was listed as questionable and offensive lineman Jake Taylor is probable to appear in the SEC road opener.

Auburn listed three players as out against Oklahoma: defensive backs Tyler Scott and Champ Anthony, and tight end Brandon Frazier.

Three players are designated as probable for the Tigers.

Defensive lineman Isaiah Raikes, offensive lineman Izavion Miller, and place kicker Alex McPherson could come available for Auburn when game time nears.

Advertisement

How does the SEC football availability report work? 

The initial report is released on the Wednesday night prior to an SEC game with daily updates to follow, culminating in a final injury report 90 minutes prior to kickoff of a Saturday game.

Before gameday, players are designated by their school as available, probable, questionable, doubtful, or out for the game.

On gameday itself, players are designated as available, a game-time decision, or out.

Failure to properly and accurately designate a player on the availability report will subject schools to potential penalties from $25,000 for a first offense to $100,000 for a third and further offense.

Advertisement

More … Oklahoma vs. Auburn score prediction by expert model

More college football from SI: Top 25 Rankings | Schedule | Teams

Follow College Football HQ: Bookmark | Rankings | Picks



Source link

Advertisement
Continue Reading

Oklahoma

Oklahoma State’s Big 12 Basketball Schedule Released

Published

on

Oklahoma State’s Big 12 Basketball Schedule Released


Oklahoma State’s 2024-25 schedule is complete.

On Thursday, the Big 12 announced the conference slate for next season. With men’s basketball taking on a new 20-game schedule, the conference is set for one of the most chaotic seasons in recent memory.

As the Steve Lutz era begins, OSU is looking to enter a more successful chapter after Mike Boynton made the NCAA Tournament only once in seven tries. With Lutz at the helm, OSU will navigate a solid nonconference schedule before starting Big 12 play against Houston in late December.

Cowboy Basketball’s 2024-25 Big 12 Schedule:

Advertisement

Dec. 30: Houston
Jan. 4: at West Virginia
Jan. 7: Kansas State
Jan. 11: at Utah
Jan. 14: at BYU
Jan. 18: Colorado
Jan. 21: Arizona
Jan. 26: at Texas Tech
Jan. 29: at Kansas State
Feb. 1: Utah
Feb. 4: at Houston
Feb. 9: Arizona State
Feb. 12: at TCU
Feb. 15: Texas Tech
Feb. 19: UCF
Feb. 22: at Kansas
Feb. 25: Iowa State
March 1: at Baylor
March 5: at UCF
March 8: Cincinnati

Under Lutz, the Cowboys have completely revamped their roster after losing most of last season’s contributors. With a mix of veterans and young players, OSU is likely to have some growing pains as it enters conference play.

Still, the Cowboys have plenty of players ready to prove they can compete in the Big 12, and OSU has an opportunity to be a surprise team next season. Any improvement from last season would be a step in the right direction, and a few upsets against some of the nation’s best could be significant for the program.

Meanwhile, the Cowgirls and Jacie Hoyt are set to begin their first season in a 16-team league. Unlike the men’s, Big 12 women’s basketball will stay at an 18-game slate next season.

After making the NCAA Tournament in her first season, the Cowgirls’ bad injury luck destroyed their chances of making it again last season. With a revamped roster, including some instant impact transfers, OSU could be a sneaky good team in the conference next season.

Advertisement

Cowgirl Basketball’s 2024-25 Big 12 Schedule:

Dec. 21: Iowa State
Jan. 1: at Baylor
Jan. 4: Kansas
Jan. 8: at Cincinnati
Jan. 11: West Virginia
Jan. 14: at Houston
Jan. 18: at UCF
Jan. 22: TCU
Jan. 25: at Texas Tech
Jan. 29: Arizona State
Feb. 1: at West Virginia
Feb. 8: Kansas State
Feb. 12: Arizona
Feb. 15: at BYU
Feb. 18: at Utah
Feb. 22: Colorado
Feb. 26: Cincinnati
March 2: at Kansas

READ MORE: Oklahoma State’s Playoff Hopes Rely on Week 5 Result

Want to join the discussion? Like Oklahoma State Cowboys on SI on Facebook and follow us on Twitter to stay up to date on all the latest Cowboys news. You can also meet the team behind the coverage.





Source link

Advertisement
Continue Reading

Trending