Blazers address difficulties in Portland's business environment

On July 31, the Portland Trail Blazers voiced concerns about the tax burden and stagnant business climate in Portland. Team representative Hankins stated that the Blazers pay higher taxes than any other franchise and highlighted over 20 significant changes in the city's financial requirements since the recent state legislation. These factors have complicated the team's ability to sell tickets and attract sponsorships. The Blazers have invested approximately $1 billion over 30 years for arena expenses. The team continues to seek solutions to improve their operational conditions in the city.

• 1:20 AMYahoo Sports — Blazers claim tax burden and 'stagnant business climate' make it difficult to do business in Portland