Sports News Report
League: NBASport: BasketballCountry: United StatesCategory: Interviews

Tom Dundon reacts to Portland's $1 billion price tag for Blazers relocation

Yahoo Sports • 1 min read • Latest: Oct 20, 2026, 11:18 PM

Last updated Oct 20, 2026

Tom Dundon reacts to Portland's $1 billion price tag for Blazers relocation
Summary

Tom Dundon expressed strong dissatisfaction after Portland officials set a relocation price tag exceeding $1 billion for the Trail Blazers. This figure far surpasses the nearly $600 million sought for renovation funding by the franchise. Sources indicate that Dundon demanded clarity on the settlement costs linked to the franchise’s lease ending in 2030, leading to the city's valuation. The disagreement over this price may impede any potential relocation plans in the near future.

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Yahoo Sports
Key Details
  • •Tom Dundon protests Portland's $1 billion relocation fee.
  • •Price exceeds the $600 million funding for renovations.
  • •Settlement discussions relate to the team’s 2030 lease expiration.
  • •City officials complied with Dundon's request for a valuation.
Latest Updates
  • 11:18 PMYahoo Sports — Tom Dundon 'went crazy' after Portland set $1 billion-plus price tag for Blazers to leave
What they're saying
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Tom Dundon 'went crazy' after Portland set $1 billion-plus price tag for Blazers to leave

Related Teams & Leagues
Portland Trail BlazersNBABasketball

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