ics ▁franch ise . ▁ ▁The ▁franch ise ▁move ▁was ▁approved ▁by ▁NBA ▁ownership ▁on ▁April ▁ 1 8 , ▁ 2 0 0 8 . ▁ ▁Se ating ▁capacity ▁Basketball ▁se ating ▁capacity ▁at ▁the ▁ar ena ▁has ▁adjust ed ▁with ▁the ▁ven ue ▁configuration : ▁ ▁Current ▁name ▁ ▁On ▁August ▁ 2 6 , ▁ 2 0 1 0 , ▁the ▁franch ise , ▁by ▁then ▁renamed ▁the ▁Oklahoma ▁City ▁Th under , ▁announced ▁that ▁they ▁had ▁begun ▁negoti ating ▁naming ▁rights ▁to ▁its ▁home ▁ar ena ▁with ▁new ▁potential ▁partners . ▁The ▁facility ▁was ▁called ▁the ▁Ford ▁Center ▁and ▁sign age ▁throughout ▁the ▁building ▁remained ▁int act ▁during ▁the ▁neg ot iation ▁period . ▁The ▁Th under ▁previously ▁had ▁discuss ions ▁with ▁the ▁Oklahoma ▁Ford ▁De al ers ; ▁however , ▁a ▁new ▁agreement ▁could ▁not ▁be ▁reached . ▁As ▁a ▁result ▁of ▁the ▁failed ▁neg ot iation ▁with ▁the ▁Oklahoma ▁Ford ▁De al ers , ▁the ▁Th under ▁decided ▁to ▁terminate ▁the ▁existing ▁naming ▁rights ▁agreement , ▁which ▁was ▁allowed ▁under ▁the ▁original ▁contract . ▁On ▁October ▁ 2 1 , ▁ 2 0 1 0 , ▁because ▁of ▁the ▁on going ▁neg ot iation ▁for ▁the ▁naming ▁rights ▁for ▁the ▁ar ena , ▁and ▁because ▁of ▁its ▁failed ▁neg ot iation ▁with ▁the ▁Oklahoma ▁Ford ▁De al ers , ▁it ▁was ▁announced ▁that ▁the ▁ar ena ▁would ▁be ▁called ▁the ▁Oklahoma ▁City ▁Arena . ▁The ▁new ▁name ▁was ▁used ▁tempor arily ▁until ▁naming ▁rights ▁were ▁settled .