Sign this letter:
Demand that Portland officials slow down to negotiate a fair term deal benefiting all parties
We love the Blazers and support a fair public-private investment in a Moda Center renovation, but have serious concerns about the deal state, county, and city officials are making with taxpayer dollars to renovate the Moda Center.
In 2024, the City hired an arena expert to assess the cost of renovating Moda Center to meet NBA standards.
The report estimated that repairs would cost $253 million in today's dollars and $505 million over 20 years. We are being asked to pay $600 million. The report also reveals that most of the costs are for revenue-generating upgrades to enrich the Blazers’ owner.
The remaining $341 million is for upgrades such as premium suites, clubs, bars, retail, and fan tech, which will help generate revenue for the Blazers' ownership.
There are many precedents for public-private arena projects, and our elected officials must negotiate a long-term deal that benefits the community as much as it does the Blazers and other Moda Center users. Every public dollar that goes into the Moda Center is a dollar that cannot be used for our schools, roadways, public health, and public safety programs.
Sign this letter to Mayor Wilson and the City Council now to demand a better deal for Portlanders.