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Portland City Denies Early Renovation Funding, Blazers Remain Silent

8/5/2026

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Summary

Story summary

Portland Trail Blazers gave no written answer to the city’s questions and the April 22 and June 16 letters on the Moda Center renovation.
CFO Joe Loomis said the city denied the April 6 request for early renovation funding, offering a 50-50 split or a Letter of Intent.
In a July 7 letter the city said it would protect renovation data from lawsuits while retaining litigation rights.

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Story summary

Portland Trail Blazers gave no written answer to the city’s questions and the April 22 and June 16 letters on the Moda Center renovation.
CFO Joe Loomis said the city denied the April 6 request for early renovation funding, offering a 50-50 split or a Letter of Intent.
In a July 7 letter the city said it would protect renovation data from lawsuits while retaining litigation rights.