Episode Details

Portland’s City Council just took a bold step toward keeping the Trail Blazers in town, approving a non-binding term sheet that would commit $120 million toward renovating the Moda Center — a key move as the team’s owners call the initial offer a “nonstarter.” With the county pledging $101 million and the state already on the hook for $365 million, the city is the final piece to reach the $600 million renovation goal. While owners demand tax breaks and better lease terms, NBA rules make relocation unlikely without unanimous approval from other franchises. Despite internal pushback and some council members calling the process a “dereliction of duty,” the majority moved forward — seeing this as the critical first step. A final vote is set for August 12, with the lease deal needing to be locked in by year’s end.

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