stadium financing

Trail Blazers Face Moda Center Renovation Proposal

by
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

Bears’ Stadium Deal Stalls Amid Illinois Budget Talks

by
Legislative Deadlock at the State Capitol

As the Illinois legislative session nears its constitutional midnight adjournment on Sunday, May 31, 2026, the Chicago Bears’ pursuit of state-backed stadium financing has stalled. Lawmakers are prioritizing a state budget exceeding $55 billion, effectively sidelining the team’s proposal for property tax incentives intended to keep the franchise in Arlington Heights. Legislative Deadlock at the … Read more