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Trail Blazers New Owner Bringing up Painful Memories for Sonics Fans

Tom Dundon is seeking $600 million in public money for Moda Center renovations as Portland negotiators weigh a deal that could shape the team’s future.

A local billionaire sells the beloved NBA team to an out-of-town owner. The new owner demands hundreds of millions of dollars in tax money for a renovated arena. The threat is implicit before it is explicit: Hand over the money or I will take my new basketball team and leave town. Groan if you've heard this before. The situation playing out in Portland, where the Trail Blazers' new owner has ...

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Bias Distribution

  • 50% of the sources lean Left, 50% of the sources are Center
50% Center

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OPB broke the news in Portland, United States on Tuesday, August 11, 2026.
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