Trail Blazers Face Moda Center Renovation Proposal

Draft Term Sheet Terms and City Requirements

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