Trail Blazers could abandon current Moda Center renovation plans

Portland Trail Blazers officials may abandon plans for a taxpayer-funded renovation of Moda Center due to stalled lease negotiations and conflicts over community benefit demands. A significant concern includes the city's proposal for annual payments and hiring union labor for the renovation, which team officials deem unacceptable. NBA Commissioner Adam Silver noted that discussions between the Trail Blazers and city officials have deviated and that critical funding deadlines are approaching, adding pressure on both parties. A vote on the proposed funding package is scheduled for August 12, with a potential funding expiration on December 31 if no agreement is reached.

• 1:34 AMYahoo Sports — Trail Blazers Could Reset Moda Center Negotiations, Scrap Current Arena Plan