For the best experienceDownload the Mobile App
App Store Play Store
Portland councilors back $120M for Moda Center, in key milestone toward Blazers deal
Portland councilors back $120M for Moda Center, in key milestone toward Blazers deal
Portland councilors back $120M for Moda Center, in key milestone toward Blazers deal

Published on: 08/12/2026

This news was posted by Oregon Today News

Go To Business Place

Description

Wednesday’s vote caps months of heated debate that has divided Portlanders, prompted rounds of finger-pointing between local elected leaders and team officials and cast a harsh spotlight on Trail Blazers owner Tom Dundon, who led the purchase of the team for $4.25 billion in March.

The Portland City Council on Wednesday affirmed the city’s financial commitment toward a potential $600 million Moda Center renovation sought by the Trail Blazers, and set out provisions Portland will seek in negotiations for a new long-term lease with the team.

News Source : https://www.oregonlive.com/politics/2026/08/portland-councilors-back-120m-for-moda-center-in-key-milestone-toward-blazers-deal.html

Other Related News

Ex-MLB pitcher’s daughter throws shutout, leads team to Little League World Series
Ex-MLB pitcher’s daughter throws shutout, leads team to Little League World Series
Ex-MLB pitcher’s daughter throws shutout, leads team to Little League World Series

08/12/2026

Phenix City Alabama clinched a spot in the Little League World Series Tuesday night beatin...

Harry Jowsey got married in shocking reality TV finale — but did the union last?
Harry Jowsey got married in shocking reality TV finale — but did the union last?
Harry Jowsey got married in shocking reality TV finale — but did the union last?

08/12/2026

The Netflix reality dating series Lets Marry Harry lived up to its name ending with Harry ...

Jim Thorpe watch list: Which conference has best DBs?
Jim Thorpe watch list: Which conference has best DBs?
Jim Thorpe watch list: Which conference has best DBs?

08/12/2026

The Jim Thorpe Award preseason watch list debuted Wednesday

Kalshi code “OREGONLIVE1” continues $500 referral bonus chance into WA, OR, CA for Mariners-Yankees tonight
Kalshi code “OREGONLIVE1” continues $500 referral bonus chance into WA, OR, CA for Mariners-Yankees tonight
Kalshi code “OREGONLIVE1” continues $500 referral bonus chance into WA, OR, CA for Mariners-Yankees tonight

08/12/2026

Baseball fans and new Kalshi can create an account with code OREGONLIVE1 and complete at l...

5 things you'll experience at Oregon's traveling archaeology events, from ancient weapon throwing to artifact identification
5 things you'll experience at Oregon's traveling archaeology events, from ancient weapon throwing to artifact identification
5 things you'll experience at Oregon's traveling archaeology events, from ancient weapon throwing to artifact identification

08/12/2026

Portland State Universitys free Archaeology Roadshows travel across Oregon giving people a...

ShoutoutGive Shoutout
500/500