Latest News About Owner of Trail Blazers Says No to Self-Funding for Moda Center

Tom Dundon is the owner of the Trail Blazers. On June 25, 2026, he stated his refusal. He will not contribute his own cash for Moda Center upgrades. Dundon wants taxpayers to foot the whole bill. Mayor Keith Wilson wants the city to counter. A City Chamber leader calls for the city to select a funding method. Stephen A. Smith has criticized the decision. The commentator told Dundon to stick to hockey and stop seeking public cash for the basketball arena. Local leaders are applying pressure on Dundon for clarity about how to finance the project.

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