This means that the SAP Center, named after the software company SAP, will not only remain the home of the NHL team, but also a central location for top international events in Silicon Valley. As part of the agreement, the city and SSE are jointly investing over half a billion US dollars in the modernization of the arena. Comprehensive projects started as early as summer 2025: In addition to maintenance work on elevators, sanitary facilities and electrics, improvements to the Wi-Fi, sound system, fire protection and emergency power supply are also on the agenda. The public areas and changing rooms for athletes and artists will also be thoroughly modernized in order to maintain the SAP Center as a modern, top-class arena.
Investor: President Hasso Plattner
Sharks owner Hasso Plattner, co-founder of SAP, had already invested more than 100 million US dollars in the city's arena over the past ten years - for example in a new video wall, security and ventilation systems and improved catering facilities. Since its opening in 1993, the SAP Center has welcomed more than 50 million guests, generated almost USD 10 billion in economic impact for downtown San Jose and hosted high-profile events ranging from the NHL All-Star Show and NCAA tournaments to concerts by global stars such as Beyoncé, Metallica and Taylor Swift.
In addition, the Sharks are committed to investing USD 12 million in charitable projects - from youth development and educational programs to urban beautification initiatives.n
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