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Posted inNews

Portland Offers Blazers a Fully-Funded Arena Renovation, But Will It Be Enough?

In 8-4 vote, City Council sends proposed Moda Center lease terms to Trail Blazers with nearly $400M commitment from city over 20 years

Updated: 3:20 pm August 14 Amid raucous calls from protesters not to spend millions renovating the Moda Center, Portland City Council approved a lease term sheet to send to the Portland Trail Blazers Wednesday, August 12. The city is in the process of negotiating a 20-year lease agreement with the Blazers for the team’s use […]

Posted inGood Morning, News!

Good Morning, News: Police Funding Initiative Falls Short, America’s Global AI Blunder, and Drought Led a European City to Blow Up a Riverbed

Good morning, Portland! Let’s all try to stay safe, avoid breathing too much polluted air, and look out for each other. Today’s forecast is hot and toxic. There’s a heat advisory in effect now until Thursday night, with a high of 94 degrees and unhealthy air blanketing the region. IN LOCAL NEWS:  • A ballot […]

Posted inNews

City Sends First Draft Moda Lease Terms To Blazers, To Surprise of Council

Some councilors are frustrated over a process they say has excluded them and backed the city into a financial corner that weakens negotiating power.

Updated: 4:48 pm July 17 The city of Portland delivered the first draft of a term sheet to the Trail Blazers management on Thursday, July 16, setting the city one step closer to a long-term lease agreement with the team for the Moda Center. No terms have been finalized, and the Council is in disagreement […]

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