{"id":98889,"date":"2025-08-27T05:16:07","date_gmt":"2025-08-27T05:16:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/98889\/"},"modified":"2025-08-27T05:16:07","modified_gmt":"2025-08-27T05:16:07","slug":"san-jose-city-council-approves-deal-to-keep-sharks-in-city-until-2051","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/98889\/","title":{"rendered":"San Jose city council approves deal to keep Sharks in city until 2051"},"content":{"rendered":"<p>SAN JOSE, Calif \u2014 The San Jose City Council unanimously approved a deal Tuesday to renovate the <a href=\"https:\/\/www.sportsnet.ca\/hockey\/nhl\/teams\/san-jose-sharks\/\" rel=\"nofollow noopener\" target=\"_blank\">Sharks<\/a>&#8216; arena and keep the team in the city until 2051.<\/p>\n<p>Mayor Matt Mahan and all 10 council members approved the deal that commits the city to investing $325 million to upgrade the 32-year-old SAP Center owned by the city with team owner Hasso Plattner contributing an additional $100 million. Plattner has already invested more than $100 million on arena upgrades over the past decade.<\/p>\n<p>The agreement would also penalize the Sharks if they left the city before the lease expires on June 30, 2051.<\/p>\n<p>The Sharks and the city of San Jose will also begin planning for a new arena by September 2027.<\/p>\n<p>The Sharks began as a franchise in 1991 and moved into their arena in downtown San Jose in 1993.\u00a0<\/p>\n<p>\u201cThe Sharks have been proud to play in San Jose for the last 30-plus years and look forward to another 25 more,\u201d team president Jonathan Becher said.<\/p>\n<p>\u201cWhile 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.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"SAN JOSE, Calif \u2014 The San Jose City Council unanimously approved a deal Tuesday to renovate the Sharks&#8216;&hellip;\n","protected":false},"author":2,"featured_media":98890,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[556],"tags":[64,63,575,85],"class_list":["post-98889","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nhl","tag-au","tag-australia","tag-nhl","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/98889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=98889"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/98889\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/98890"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=98889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=98889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=98889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}