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Oregon Invests Millions to Secure Blazers Amid Ownership Change

3/25/2026

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Summary

Story summary

Oregon plans to invest hundreds of millions in the Portland Trail Blazers' arena to prevent relocation.
Tom Dundon (billionaire) is set to finalize his purchase of the Blazers by March 31, amid scrutiny over Santander Consumer USA predatory lending.
Critics say this history strengthens the case for taxpayer protections within the $870 million arena-renovation package.
Staff anticipate changes in management style as Dundon prepares to take over.

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Story summary

Oregon plans to invest hundreds of millions in the Portland Trail Blazers' arena to prevent relocation.
Tom Dundon (billionaire) is set to finalize his purchase of the Blazers by March 31, amid scrutiny over Santander Consumer USA predatory lending.
Critics say this history strengthens the case for taxpayer protections within the $870 million arena-renovation package.
Staff anticipate changes in management style as Dundon prepares to take over.