That new Portland owner may force team out of the city
The battle lines are rapidly hardening in the Portland arena renovation funding right, and the message from Trail Blazers owner Tom Dundon is stark and clear: Don?t expect me to help pay for it.
A day after Portland Mayor Keith Wilson publicly pleaded with the city council to approve up to $120 million in municipal funding to renovate the Moda Center, Dundon appeared at a Portland Metro Chamber event late Wednesday and said private financing is not part of his vision to upgrade the 31-year-old, publicly owned venue.
?It feels like we?re making a pretty big investment by staying here and paying these tax rates,? Dundon said at the event, which the business group held at the Moda Center.
Forced out would be the wrong turn of phrase.
A more apt description would be scumbag billionaire holds a local institution hostage. The only person that is worse than Dundon, is the widow of Paul Allen, who sold the Blazers to that greedy
Edited for profanity. Please do not do it again. without legal assurances the team would stay in Portland.