SAN JOSE, Calif. – The San Jose city Council has given its unanimous approval to a deal that will keep the Sharks in the city through 2051, paving the way for significant renovations to their home arena.
Sharks Arena Renovation Approved
San Jose will invest $325 million to upgrade the SAP Center, securing the Sharks’ presence through 2051.
Mayor Matt Mahan and all 10 council members voted in favor of the agreement Tuesday. This landmark deal commits the city to investing $325 million in upgrades for the SAP Center. The venue, wich has served the team for 32 years, is city-owned. Team owner Hasso Plattner is also contributing an additional $100 million. plattner has already poured more than $100 million into arena improvements over the past decade.
Did you know?-The SAP Center has been the Sharks’ home arena as 1993, a span of over three decades, hosting countless games and events.
A Long-Term commitment
The new agreement includes penalties designed to deter the Sharks from leaving San Jose before their lease expires on June 30, 2051. As part of the deal, the Sharks and the city will also begin planning for a new arena by September 2027.
The Sharks franchise originated in 1991 and moved into its downtown San Jose arena in 1993. Team president Jonathan Becher expressed enthusiasm for the future.
“The Sharks have been proud to play in San Jose for the last 30-plus years and look forward to another 25 more,” Becher stated. “While we have consistently invested our own funds to maintain the city-owned SAP Center and intend to continue doing so, this partnership with the City of San Jose will bring much-needed renovations and improvements for arena guests, the teams, and performers.”
Pro tip:-Arena renovations often include upgrades to seating, concessions, and technology. Expect improvements to enhance the fan experience at SAP Center.
Did you know? the SAP Center has been the Sharks’ home arena since 1993, a span of over three decades.
- The San Jose city Council unanimously approved a deal to renovate the SAP Center.
- The agreement keeps the Sharks in San Jose until 2051.
- The city will invest $325 million, with team owner Hasso Plattner contributing $100 million.
- Planning for a new arena is set to begin by September 2027.
Explanation of Changes & Answers to Questions:
Why: The deal was made to secure the Sharks’ presence in San Jose and to upgrade the aging SAP Center.The city and team recognized the need for improvements to maintain a competitive venue and fan experience.
Who: The key players are the San Jose City Council (unanimously approved the deal), Mayor Matt Mahan, Sharks owner hasso Plattner, Sharks President Jonathan Becher, and ultimately, the fans, teams, and performers who use the SAP Center.
* What: The San Jose city Council approved a deal to invest $325 million in renovations to the SAP Center, with an additional $100 million from Sharks owner Hasso Plattner. This secures the Sharks’ presence in San Jose through 2051 and initiates planning for a potential
