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

Trail Blazers Get Term Sheet

Portland City Leaders Issue Initial Term Sheet to Trail Blazers

Portland City Leaders Issue Initial Term Sheet to Trail Blazers Portland city officials have delivered an initial term sheet to the Portland Trail Blazers, marking the city’s first formal proposal in negotiations to secure a long-term agreement to keep the team in the city. The move comes as local leaders face an aggressive timeline to … Read more