The City of Portland delivered a draft term sheet to the Trail Blazers on July 16, 2026, outlining a proposed $120 million investment for Moda Center renovations. The document, which includes a 20-year non-relocation clause, arrives amid escalating tensions between city officials and the team’s new ownership regarding project transparency and negotiation timelines. Draft Term … Read more
Portland’s $600 million Moda Center renovation hinges on a $120 million city contribution—one that Mayor Keith Wilson is pushing as essential to keep the Trail Blazers in town, while critics warn of backroom deals and climate fund misdirection. The stakes are clear: lose the Blazers, and the city risks losing $300 million in annual economic … Read more
The Portland Trail Blazers’ future in the city hinges on a $600 million renovation of the Moda Center, with Mayor Keith Wilson and state leaders pushing for public funding despite fierce opposition and behind-the-scenes negotiations. On Wednesday, June 24, 2026, Blazers owner Tom Dundon addressed the Portland Metro Chamber, arguing that the arena upgrades—backed by … Read more
Portland Mayor Keith Wilson and the Multnomah County Board of Commissioners are currently deadlocked over a proposed $600 million renovation of the Moda Center. As the city and county weigh a combined $220 million in public funding, officials remain divided over the lack of private investment from team owner Tom Dundon and the potential impact … Read more