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@wrightkatu.bsky.social · yesterday

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...

Internal emails reveal Blazers debated responding to Portland's Moda Center questions

Internal emails obtained by KATU show Trail Blazers leaders debated whether to respond to the City of Portland's questions for commitments on private investment

katu.com

@wrightkatu.bsky.social · 3w ago

NEW STATEMENT from mayor: “We are operating on an aggressive timeline to reach a new lease, and we have been explicit with the Blazers that design information and clarity around public investment are necessary to move forward…”

Statement from mayor reads: “We are operating on an aggressive timeline to reach a new lease, and we have been explicit with the Blazers that design information and clarity around public investment are necessary to move forward. The absence of essential details from Blazers is slowing progress at a moment when urgency is required. We know NBA is committed to PDX & we look forward to working with them to ensure negotiations on a renovated Moda Center and a new long-term lease happen in good faith.”
@wrightkatu.bsky.social · 3w ago

A new state-commissioned report found most comparable NBA arena deals included private investment or long-term revenue sharing and also highlights disagreement between the state's consultant and the Trail Blazers over the best comparisons for Portland. katu.com/news/investi...

New state report highlights divide with Blazers over comparable NBA arena deals

A new state-commissioned report found most comparable NBA arena renovation deals included significant private investment or long-term revenue sharing — unlike t

katu.com

@wrightkatu.bsky.social · last mo.

As state and local governments weigh a proposed $600 million public renovation of the Moda Center, some Portland city councilors are raising a new question: Should Trail Blazers owner Tom Dundon be required to contribute under the team's existing lease? katu.com/news/investi...

Portland councilors eye Blazers' current lease to secure private investment

As Portland weighs a proposed $600 million public renovation of the Moda Center, some city councilors are raising a new question.

katu.com