New NBA owner played key role at company accused of predatory lending

New NBA owner played key role at company accused of predatory lending

Oregon Gov. Tina Kotek is on the verge of giving the Portland Trail Blazers a major gift: hundreds of millions in taxpayer dollars to overhaul the team’s arena in an effort to keep the Blazers’ incoming owner, billionaire Tom Dundon, from moving the NBA franchise to a new city. The deal came together with little public discussion of how Oregon and other states in 2020 landed a $550 million settlement with the car loan company where Dundon built …