Portland’s arena. Portland’s future.

OUR ARENA.
OUR MONEY.
OUR TERMS.

Keep the Blazers. Renovate Moda.
Make a deal, not a donation.

Portland owns the building. Before the final contracts are signed, public money needs to buy a public benefit—and promises that hold.

What a fair deal requires Tell your councilors

On the tablePublic funding framework

$573M

Proposed public
renovation funding.

State: $365M
City: $120M
County: $88M

The complete budget, funding plan and private contribution still need to be resolved.

Follow the public money

August 12Framework adopted.A nonbinding proposal, with rent added.

NowThe real terms get written.Funding, obligations and enforcement.

December · targetThe binding decision.Confirm the agenda and review the documents ↗

The numbers behind the headline

The price is bigger
than the project.

Construction, continuing support and public receipts follow different rules. Keep each in view.

Continuing public supportUp to $288.6M

City and County ceilings, subject to annual and actual-receipt conditions.

Proposed initial annual rent$3.17M

Commencement and escalation affect its value.

Proposed initial annual tax offset$3M

With 5% growth. Recipients and credits still matter.

These are not the public’s only receipts, and the headline totals are not an all-in financing cost. Read the complete ledger and sources →

The owner’s own standard

We’re just going to get a market deal and we’re going to be fully committed to it.

Then put the market deal in writing: real private investment, a fair return for valuable rights, and protection the public can enforce.

What “market deal” should mean →

Tom Dundon · Blazers introductory press conference, April 2, 2026 · full video

The public standard

A deal worth
saying yes to.

The outcome is simple: keep the team, improve the arena, and leave Portland with a bargain it can defend.

Explore all 46 requirements

A price the public can afford.

A defined project, committed private investment and public limits that survive delays and overruns.

A fair exchange for public value.

Price rent, naming, parking, land and commercial rights together. Value existing claims before releasing them.

Promises that hold up.

A continuous franchise commitment, capable guarantors, funded maintenance and usable public oversight.

The Register.

The complete public requirements—from the first construction dollar to the last day of the lease.

Start with the evidence

Read the receipts.

The source library ↗

01 / MONEY

Who pays.
Who collects.

The funding sources, continuing ceilings and proposed public receipts.

02 / CONTRACTS

The fine print.
The real stakes.

The rights, exceptions and obligations that change the bargain.

03 / THE BUILDING

What Moda
actually needs.

Read the lifecycle assessment separately from the transformation scope.

04 / COMPARABLES

What makes
a market deal?

Compare the complete exchange: capital, commercial rights and long-term risk.

Updated September 8, 2026. Our contract review, corrections and source context →

The questions everyone asks

Yes, we want
the team to stay.

All the answers ↗

Aren’t we going to lose the team?

The City has important contractual leverage, including a direct franchise covenant. Its term and exceptions matter. A credible operating alternative strengthens the City’s position; an unsupported claim of zero relocation risk does not. Read the relocation analysis →

What does this actually cost the public?

The framework describes $573M in renovation funding and up to $288.6M in continuing support. Financing, timing and contribution conditions need to be reconciled before an all-in cost can be established. Follow the money →

Does it have to be signed by December?

December is a consequential local negotiating target. It is not a statutory signing cliff in SB 1501. Actual financing lead time and State tranche authorizations still matter. The deadlines, explained →

Stay in the game.

The final documents are being negotiated now. Know when they land—and make your voice count.

Get the December alert

One email the day the documents are published, and one when each hearing is scheduled. That is the whole list.

Sign the Fan Compact

Five league-wide rules that would end the city-versus-city arena auction — delivered to the league office at one sold-out Moda Center.

— of 19,393 signed

Read & sign →

The watch log — every development, dated →

Your city.
Your voice.

Council counts constituents — and the December documents are being negotiated now. This tool builds the letter on your device and opens your own email app; nothing is transmitted or stored. Two minutes.

Prefer to speak? Testify — get the hearing alert → · The full action kit, including the councilor print pack: /act →

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Dear Councilor,

Please turn the adopted negotiating framework into a complete, affordable and enforceable public bargain before approving the final agreements.

1. Reconcile City, County and State funding, receipt priorities and remedies. Disclose annual and lifetime public exposure, including any General Fund debt risk.
2. Attach an independently costed project, hard public caps, committed new private capital and clear responsibility for overruns and completion.
3. Price rent, commercial participation, parking, naming, land and the Coliseum operatorship as a complete exchange. Count receipts and credits once.
4. Preserve and independently value existing maintenance claims before releasing them. The facility assessment (<a href="/study-sources/moda-center-fca-capex-2024-05-14.xlsx" download>workbook</a>; <a href="/renovation">study explained</a>) is not an established damages award.
5. Bind the actual franchise and capable support entities. Require usable security and continuous nonrelocation protection through construction, default and lender replacement.
6. Fund lifecycle maintenance, reserves and end-of-term condition. Secure real calendar and transition rights for the Fire, Winterhawks and other users, plus enforceable labor and community commitments.
7. Preserve public title, lawful authority and independent audits with usable records. Reform the NDA and incorporated confidentiality clauses together.
8. Publish the complete material contracts, redlines, fiscal model and deviations with meaningful review time before the vote.

The revised public Register explains these requirements at https://www.ripcitynotripoff.com/terms. Please evaluate the full package and maintain a credible smaller-project or continued-operation alternative if the proposed deal cannot satisfy these outcomes.

Respectfully,

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The price is biggerthan the project.

A deal worthsaying yes to.