Tom Dundon owns the Trail Blazers. On June 25, 2026, he announced his refusal. He will not contribute his own cash for Moda Center upgrades. Dundon expects taxpayers to foot the whole bill. Mayor Keith Wilson wants the city to take action. A City Chamber leader pushes the city to choose a funding method. Stephen A. Smith is furious 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 answers about how to fund the project.
Latest News About Dundon Declines Personal Investment in Basketball Arena
Sources & References
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Tom Dundon doesn't plan to contribute to Portland arena upgrades - ESPN
Tom Dundon doesn't plan to contribute to Portland arena upgrades ESPN
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Trail Blazers owner says taxpayers must cover entire Moda Center makeover - OregonLive.com
Trail Blazers owner says taxpayers must cover entire Moda Center makeover OregonLive.com
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Moda Center takes center stage as Portland leaders grapple over how - or if - to fund arena renovations - NPR for Oregonians
Moda Center takes center stage as Portland leaders grapple over how - or if - to fund arena renovations NPR for Oregonians
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Stephen A. Smith goes off on Portland owner: 'Go back and stay in hockey' - NJ.com
Stephen A. Smith goes off on Portland owner: 'Go back and stay in hockey' NJ.com
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Blazers owner Tom Dundon wants Portland arena renovations to be fully publicly funded - HoopsHype
Blazers owner Tom Dundon wants Portland arena renovations to be fully publicly funded HoopsHype