A public comparison checklist

Compare the
complete bargain.

Six lenses for evaluating arena precedents without mistaking one favorable term for a market price.

What belongs in the comparison

New arena or renovation? Equalize scope, dates and indirect public support.

Identify who keeps naming, parking, premium seating and event income.

Value property rights, infrastructure, renewal options and extra years.

Identify lifecycle costs, insurance, reserves and exposure after default.

Provision	Portland baseline	Required comparison
Rent	$3.17M proposed initial annual rent	Commencement, escalation, credits and present value.
Private cash	No settled minimum in the public proposal	New capital relative to independently costed scope.
Commercial rights	Existing operator rights and proposed long extension	Revenue base, public share, tax and land benefits as a whole.
Maintenance	Existing standards plus proposed future allocation	Existing liability, lifecycle funding and surrender condition.
Enforcement	Bridge rights plus proposed replacements	Real obligors, consents, security and default continuity.