tldrdailynews.com logo

Portland Council wrestles with $400M Moda Center deal for the Blazers

1 min read
Source: Oregon Public Broadcasting - OPB
Portland Council wrestles with $400M Moda Center deal for the Blazers
Photo: Oregon Public Broadcasting - OPB
TL;DR

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.

Topics:sportspolitics#city-council#moda-center#politics#portland#public-funding#trail-blazers
Share this article
  1. Portland City Council gets an earful as it contemplates Moda Center deal  Oregon Public Broadcasting - OPB
  2. Internal emails reveal Blazers debated responding to Portland's Moda Center questions  KATU
  3. Nearly 100 testify as Portland weighs $120M public funding plan to renovate Moda Center, keep Blazers  KGW
  4. Trail Blazers could face hefty NBA relocation fee if team leaves Portland  OregonLive.com
  5. Would Portland be Better Off Financially Without the Blazers?  Blazer's Edge

Want the full story? Read the original reporting

Read on Oregon Public Broadcasting - OPB