Portland moves forward on Moda Center funding with influencer support

Yahoo Sports1 min read • Latest: Aug 9, 2026, 1:30 AM

Last updated Aug 9, 2026

Portland moves forward on Moda Center funding with influencer support
Summary

The Portland City Council is preparing to vote on a term sheet for a nearly $600 million renovation of the Moda Center scheduled for August 12. As negotiations intensify, a pro-investment coalition has hired local influencers to advocate for public funding, including comedian Ian Karmel. The state of Oregon has committed $365 million in bonding, while Multnomah County is advancing a framework for up to $101.6 million in contribution. However, no final funding agreement has been reached, and the city council still needs to assess public sentiment and potential amendments before making a decision.

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By the Numbers
  • Portland Council to vote on the renovation term sheet on August 12.
  • Influencers, including Ian Karmel, hired to promote public investment.
  • Oregon has allocated $365 million for the project.
  • Multnomah County framework may provide up to $101.6 million.
  • Public sentiment and amendments remain central to council negotiations.
Latest Updates
  • 1:30 AMYahoo SportsModa Center Funding Fight Takes New Turn With Paid Influencers
What they're saying
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As a $600 million arena renovation hangs in the balance, a pro-investment coalition is hiring local comedians and entrepreneurs to sway public opinion before crucial votes.

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