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Oklahoma City Thunder: Thunder ownership group purchases land next to practice facility

The Oklahoma City Thunder has made an acquisition.

This time, it’s not a player. It’s a plot of land.

The Professional Basketball Club, LLC, the group that owns the Thunder, purchased land this week from Everett Stewart Lincoln Walnut, LLC, according to public records.

The land, which sits to the immediate east of the Thunder’s practice facility at 9530 N Oklahoma Ave., was purchased for $1,545,000, public records show.

When reached for comment Thursday, a team spokesman said the land was purchased to have the flexibility for strategic opportunities down the line but added there are no imminent plans for development.