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Dundon Refuses $600M Moda Center Upgrades, City Faces Costs

8/18/2026

27 5 Full Breakdown

Summary

Story summary

Tom Dundon, owner of the Portland Trail Blazers, refused to fund $600 million Moda Center upgrades, shifting the cost to the city and raising relocation concerns.
Portland acquired guard Ja Morant in a trade that sent Jerami Grant and Kris Murray to Memphis.
Damian Lillard returned after missing the 2025-26 season with an Achilles tendon injury.
Dundon laid off staff, cut broadcasters, and hired coach Micah Nori on a year-to-year deal.

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Story summary

Tom Dundon, owner of the Portland Trail Blazers, refused to fund $600 million Moda Center upgrades, shifting the cost to the city and raising relocation concerns.
Portland acquired guard Ja Morant in a trade that sent Jerami Grant and Kris Murray to Memphis.
Damian Lillard returned after missing the 2025-26 season with an Achilles tendon injury.
Dundon laid off staff, cut broadcasters, and hired coach Micah Nori on a year-to-year deal.