US Trends

who owns climate pledge arena

Climate Pledge Arena is owned through a public‑private partnership, with the Seattle Kraken ownership group now holding the majority stake.

Who owns Climate Pledge Arena?

  • The arena is structured as a public‑private partnership between Oak View Group (OVG), the Seattle Kraken hockey ownership group, and Seattle Center (City of Seattle).
  • Historically, Oak View Group was described as the majority owner and operator, responsible for financing and running the building.
  • In March 2026, the Seattle Kraken owners created One Roof Sports & Entertainment to take a majority ownership stake in Climate Pledge Arena.
  • The land under the arena is owned by the City of Seattle, which has a long‑term lease (39 years plus renewal options) with the private partners.

Naming rights vs. ownership

  • Amazon does not own the arena; it purchased the naming rights and branded it “Climate Pledge Arena” to promote its climate initiative.

Quick facts (mini list)

  1. Legal/land owner: City of Seattle (via Seattle Center, with a long‑term lease).
  1. Operating/financial partner: Oak View Group, initially majority owner and operator.
  1. Current majority equity: Seattle Kraken ownership group via One Roof Sports & Entertainment (as of March 2026).
  1. Naming rights holder: Amazon (for “Climate Pledge Arena”).

Short SEO‑friendly note

If you’re searching “who owns Climate Pledge Arena,” the up‑to‑date answer is that it’s a city‑owned site leased to private partners, with the Seattle Kraken ownership group now the majority arena owner and operator, working alongside Oak View Group, while Amazon only holds the naming rights.

TL;DR: The City of Seattle owns the land, but the arena itself is controlled through a partnership where the Seattle Kraken ownership group now holds the majority stake, Oak View Group remains a key operating partner, and Amazon just owns the naming rights.

Information gathered from public forums or data available on the internet and portrayed here.