Breaking News: City of Portland Sends Moda Center Arena Proposal to Trail Blazers
Just days after NBA Commissioner Adam Silver said negotiations between the Portland Trail Blazers and the City of Portland over renovations to the Moda Center Arena were “off track”, the city has sent a proposal to the Blazers detailing requirements for Portland’s participation in the deal. Each side—city politicians and the Blazers franchise—has accused the other of stalling the process in recent weeks. The Blazers have faulted the city for not approving approximately $120 million of funding...