This past week, the Portland City Council approved $120 million for renovations to the Moda Center, totaling $586 million with state and county funds. However, this funding depends on the Trail Blazers agreeing to a new lease through 2050, with negotiations ongoing and a deadline by year’s end. Owner Tom Dundon has faced criticism for perceived penny-pinching moves and a lack of community engagement, complicating lease discussions. Key negotiation issues include annual rent, taxes, and hiring practices, amidst concerns about the team’s potential relocation.
