Portland city council faces Trail Blazers' future amid negotiations
Yahoo Sports • 1 min read • Latest: Jul 23, 2026, 11:40 PM
Last updated Jul 23, 2026
The Portland City Council is approaching a major deal-cutting deadline that could impact the future of the Trail Blazers. With new owner Thomas Dundon negotiating, questions arise about the potential financial commitment required to keep the team in Portland. Local officials have indicated a willingness to invest in the Moda Center's modernization, which blazers officials have previously described as necessary. Recent advocacy from businesses and mayors of surrounding cities emphasizes the economic importance of the Blazers to the community. Negotiations are expected to continue as both parties work towards a potential agreement.
- •Next month marks a key deadline for Portland officials regarding the Trail Blazers.
- •Thomas Dundon has complete ownership flexibility, raising concerns about team relocation.
- •Oregon plans to allocate $365 million for the Moda Center's updates.
- •Local mayors have urged Portland to secure a deal to keep the team.
- •The Trail Blazers have historically been vital to the financial health of the Moda Center.
- 11:40 PMYahoo Sports — What are the Trail Blazers worth to Portland and Oregon?
"If Portland offered the Trail Blazers a blank check to stay, how much would be enough? Next month, when a major deal-cutting deadline hits, the Portland City Council will be faced with that and other hard questions about the future of the Moda Center and its major tenant and financial core, the Trail Blazers. The […]
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