Rip City Not Rip Off

@ripcitynotripoff.bsky.social

A data-driven resource promoting a fair deal that keeps the Blazers in Portland. ripcitynotripoff.com

WOAH. Blazers leaked emails show they refused to respond to city emails asking basic questions, weeks before any “first-class” claim was mentioned, contradicting Dewayne Hankins claim that that claim “chilled negotiations” They were not negotiating in good faith since the beginning.

@wrightkatu.bsky.social · 17h ago

NEW: Internal emails obtained by KATU show Portland Trail Blazers leaders debated whether to respond to the City of Portland's questions on key pieces of a proposed Moda Center deal, with one executive saying the city's requests felt like "a trap”. katu.com/news/investi...

🚨 🚨 🚨 🚨 PRR shows the city asked Blazers the questions we all have been wondering, but somehow none of these made it into the draft term sheet. So who decided to remove or dilute the City’s June negotiating demands—and what did the Blazers, the NBA, or political leadership say that caused it?

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Voting on leg that you don’t have all the facts on is common for lawmakers, which obvi doesn’t make it right or smart. Elect better. But the insane part in Portland is that the city owns the f’ing arena. Why let yourself be bullied? Come up with your own reno design! www.opb.org/article/2026...

Portland City Council won’t have all answers before voting on Moda Center funding package

As a deadline to commit public dollars to Moda Center renovations rapidly approaches, it appears that Portland city councilors will be asked to approve spending $120 million on arena renovations next ...

opb.org

Multnomah comms proposing a diff rev stream for its Moda share shows public finance folk psychology at work and that politics rules econ in policy making. It doesnt matter which pot of taxpayer money you take from. It matters that you take from taxpayers. www.oregonlive.com/politics/202...

Looking for Blazers’ Moda Center solution, county commissioners eye new funding path

The Multnomah County Board of Commissioners is set to consider at least one new amendment at its Aug. 6 meeting.

oregonlive.com

Looking forward to this! Have you guys watched this? www.youtube.com/watch?v=xcwJ... It's funny of course but also educational.

Stadiums: Last Week Tonight with John Oliver (HBO)

YouTube video by LastWeekTonight

youtube.com

Mitch Green@councilorgreen.bsky.social · 4d ago

Join me, sports economists @jcbradbury.com & @victor-matheson.bsky.social with co-host @councilormorillo.bsky.social on the economics of publicly funded stadiums. The term sheet is coming with limited information provided to us on the Moda Center renovations. Let’s discuss. zoom.us/webinar/regi...

Look, I get that a lot of folks are mad about Portland's economic climate. But, the solution isn't to pass an arena subsidy project, which are notoriously bad public investments. Focus on fixing the perceived existing problems directly, don't compound your mistakes.

A random thought on leverage, late on a Sunday evening: The City's most valuable single piece of leverage is probably the "first-class" claim stemming from the bridge lease. The Blazers' most valuable single piece of leverage is their threat to leave. Both have some value, both are hard to price🧵

Calling for “partnership” while directing almost every practical recommendation at one side of the table is not balanced analysis. It’s advocacy for a negotiating posture that asks the public to be more flexible while placing little pressure on the private party receiving $1.1B in public support.

Editorial: Stay on track, Portland, and show the Trail Blazers a partnership worth keeping

As the clock ticks toward a deadline for getting a Moda Center deal done, Portland city councilors should focus on what they control — finalizing a framework to negotiate a new long-term lease and sho...

oregonlive.com

Blazers' Hankins: The first-class standard "is a relic... would not be included in any new deal with the city" and the bridge lease suspends "the city's ability to make those claims during the lease" [00:11:00]. If the litigation threat is suspended, then why stall?

After enjoying fifty years of devoted fandom and support I find it downright shameful for a pro sports team to send their lobbyist to city hall and just flatly say into the mic that the city sucks, in an effort to shake ‘em down for hundreds of millions of taxpayer dollars with zero accountability

Aside from the absurdity of claiming it’s hard to sell tickets or the fury i feel at this continued Muncipal Negging campaign, the notion somehow city hall is responsible for making Portland an alluring destination for player recruitment is a downright embarrassing thing to say into public testimony

Portland leaders have leverage — especially with Dundon's lease prohibiting relocation talks for now, and with state funding expiring soon — but they're unlikely to use it if the media keep speculating about other cities allegedly waiting in the wings.

Where will Tom Dundon move the Trail Blazers? Probably nowhere

The Portland Trail Blazers arena dispute so far in a nutshell: Tom Dundon, owner of the Carolina Hurricanes and past purveyor of predatory lending car loans, bought the Blazers from the estate of the ...

fieldofschemes.com

Today we also learned how the $573M ask came about: Blazers’ 2021 “could do” list ≈ $800M ↓ Blazers reduce it to a “should do” list ≈ $600M ↓ NBA says that general scale seems appropriate for an arena of Moda’s age and market ↓

We're live from City Hall. Proceedings should begin shortly. Blazer contingent includes Dewayne Hankins, Charles Boyle, plus more. Reporters include OPB, Athletic, KGW, plus more. President Dunphy is ready to preside. Other councilors are entering, with Councilor Green in some sweet Blazer gear.

Tomorrow is the big day. The Trail Blazers make their first appearance after going dark for months. The meeting could be incredibly meaningful, or simply more stone-walling from the Blazers. We’ll know for sure if we get answers to the following questions: 🧵