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wrightkatu.bsky.social

@wrightkatu.bsky.social
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wrightkatu.bsky.social @wrightkatu.bsky.social · 05/08/2026
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...
katu.com
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
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wrightkatu.bsky.social @wrightkatu.bsky.social · 17/07/2026
BREAKING: City sent draft term sheet today to Blazers. Here are the terms the city highlighted. Waiting on team’s response. Latest: katu.com/sports/trail-b…
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wrightkatu.bsky.social @wrightkatu.bsky.social · 15/07/2026
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.”
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wrightkatu.bsky.social @wrightkatu.bsky.social · 14/07/2026
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...
katu.com
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
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wrightkatu.bsky.social @wrightkatu.bsky.social · 30/06/2026
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...
katu.com
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.
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wrightkatu.bsky.social @wrightkatu.bsky.social · 26/06/2026
Found this interesting when looking at other deals... in '06, Orlando invested in new arena for Magic in exchange for: - Share of advertising, naming rights, luxury seat $ - $1M annual lease - Share of operating $$ of non-NBA events - City owns building t.co/ECTeX8iME8
t.co
https://www.orlandosentinel.com/2006/12/23/orlando-magic-reach-fair-deal-on-arena-details/
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