The San Jose Sharks are set to extend their presence at SAP Center for another 25 years through a new lease agreement. City officials, including Mayor Matt Mahan, announced the deal's framework, which will require council approval. The city is expected to invest significantly in the aging arena, addressing improvements like plumbing. Sharks President Jonathan Becher emphasized the importance of reinvesting in the facility for future generations. Mahan shared his vision for a downtown sports and entertainment district, which would further enhance the city's capabilities to host major events.
"We are thrilled to be finalizing a partnership with the city to reinvest in the SAP Center, so it can serve the next generation of San Jose residents and draw millions of visitors from all over the Bay Area, and beyond."
"Sharks, for the last 30 years, you've helped define San Jose's identity. I can't wait to watch you continue to do so on and off the ice for the next 25."
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