City of Portland Releases Revised Term Sheet for Moda Center Renovations

Portland Approves $120M For Blazers' Moda Center Renovation

The Portland City Council approved $120 million in funding on Wednesday to renovate the Moda Center, a key step in efforts to keep the Portland Trail Blazers in the city long-term. The council passed a non-binding term sheet by an 8-4 vote. An amendment attached to the measure would require the Blazers to pay approximately $3.1 million in annual rent. The vote represents the final piece of a monthslong process to secure arena financing, though i…

Lars Larson: Time to kill the Moda Blazer deal

By Lars Larson NW and national radio host, The Northwest Nonsense Have the spendthrift leaders of Portland finally come to their senses and decided to sabotage their deal with Trailblazer owner Tom Dundon? I certainly hope so. Politicians at the city, county, and state levels have seemingly lost their minds and plan to give away...

Portland City Council to hold first vote on Moda Center upgrades

The Portland City Council will vote Wednesday on terms to guide negotiations for a major Moda Center renovation. The vote is considered a major step toward keeping the Trail Blazers in Portland.

City of Portland releases revised term sheet for Moda Center renovations

The city of Portland has released a revised term sheet on Tuesday for its negotiations with the Trail Blazers over their future in the city and Moda Center renovations.

Portland council votes Wednesday on Moda term sheet amid funding dispute

The vote marks the starting point for what will be tense negotiations.

5 things to know before Wednesday’s vote on Moda Center negotiations

Here’s what you need to know ahead of the meeting.