Dick's Sporting Goods signed an agreement with the city of Broken Arrow to receive economic incentives to build its first store in Oklahoma, according to a report in the Broken Arrow Ledger.

The agreement calls for the city of Broken Arrow to pay as much as $900,000 in “project-related development incentives” to Dick's SG through money from
the Broken Arrow Economic Development Authority.

It also would give the chain a 1.5 percent sales tax rebate up to
$90,000 a year for 10 years. The agreement caps overall payments at

The chain would construct and operate the store but must reimburse the
city for its incentives if the store fails to operate for at least 10