Blazers' Future Hangs in Balance | Portland Trail Blazers News

Portland’s Moda Center is set for a $60 million overhaul, but the deal’s falling apart as city officials push the Blazers to sign a new 20-year lease for public funding — with Mayor Wilson pledging $120 million and more from state and county coffers. Tensions are rising: residents split on whether the investment will boost the economy or burden taxpayers, while insiders warn the Blazers may bolt if terms like unionized labor and $3 million annual payments aren’t softened. The City Council’s August 12 vote could decide the team’s future in Portland. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8acd4f5ab7277953