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Sport: BasketballCategory: Rumors

Team explains lack of investment in renovation proposals

Yahoo Sports • 1 min read • Latest: Jul 30, 2026, 10:06 PM

Last updated Jul 30, 2026

Team explains lack of investment in renovation proposals
Summary

On July 30, a team representative stated the organization is not inclined to spend on proposed renovations for its venue. The team has reportedly invested nearly $1 billion over 30 years in construction and maintenance. The representative emphasized it is now the city's turn to contribute. When questioned about potential future investment, they implied that public negotiations would be avoided.

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Yahoo Sports
Key Details
  • •Team says it has invested almost $1 billion in the building's upkeep
  • •Representative urges it is the city's responsibility to contribute
  • •Concerns raised about engaging in public negotiation
  • •Discussions took place on July 30 about proposed renovations
Latest Updates
  • 10:06 PMYahoo Sports — When asked why the team isn’t interested in paying for …
What they're saying
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When asked why the team isn’t interested in paying for …

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