San Jose City Council approves SAP Center renovation to keep Sharks downtown Team president Jonathan Becher commits to 25 years with Sharks SAP Center is NHL's oldest active arena without major renovation Infrastructure issues hinder NHL recruiting Economic impact: $1.25B over five years, 25k hotel nights Financing includes commercial paper, transient tax, bond New arena planning starts in 2027, lease ends 2051 Critics warn about deficits; South Bay Labor Council seeks worker protections.