Portland Council wrestles with $400M Moda Center deal for the Blazers
TL;DR Summary
Portland’s City Council heard hours of testimony on a draft term sheet for a Moda Center renovation that could total about $400 million in public subsidies and require the Blazers to stay in Portland for 20 years, with proposed amendments to boost city benefits—such as capturing parking revenue, raising ticket surcharges, boosting charitable giving, and strengthening labor protections—ahead of an Aug. 12 final vote.
- Portland City Council gets an earful as it contemplates Moda Center deal Oregon Public Broadcasting - OPB
- Internal emails reveal Blazers debated responding to Portland's Moda Center questions KATU
- Nearly 100 testify as Portland weighs $120M public funding plan to renovate Moda Center, keep Blazers KGW
- Trail Blazers could face hefty NBA relocation fee if team leaves Portland OregonLive.com
- Would Portland be Better Off Financially Without the Blazers? Blazer's Edge
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