Blazers Move Stalls on Moda Center | Portland Trail Blazers News

The Portland Trail Blazers’ future hangs in the balance as Oregon races to meet just one of five critical conditions for selling $365 million in state bonds — namely, NBA approval for Tom Dundon’s ownership. While summer moves like city council votes and county funding plans set the stage, four key hurdles remain: forming a joint authority, finalizing arena lease terms, locking down project scope and budget, and securing firm commitments from local governments. With lease negotiations extending through October and final approvals due by December, time is running out — construction can’t begin until spring 2027, and the team needs a 20-year Moda Center lease to unlock state funds. Multnomah County, meanwhile, has approved a framework but awaits updated economic data and renovation details before committing its $101 million. The clock is ticking. 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/ab4a3e0ead342e34