Dundon says taxpayers should fund Moda Center renovation in Portland

Tom Dundon, owner of the Portland Trail Blazers, expressed opposition to private financing for the renovation of the Moda Center during a Portland Metro Chamber event on June 24. He indicated that he does not plan to contribute to the funding and emphasized that increased ticket taxes would indirectly support the renovation. Portland Mayor Keith Wilson has urged the city council to approve up to $120 million in municipal funding for the nearly $600 million project, but council members are hesitant without private investment. The situation reflects a growing divide between Dundon and city officials, highlighting tensions since his acquisition of the NBA team.

• 2:48 PMYahoo Sports — Dundon: Taxpayers Should Foot the Bill for Portland Arena Makeover