Latest News About Trail Blazers Owner Rejects Personal Funds for Arena Upgrades

Tom Dundon owns the Trail Blazers. On June 25, 2026, he announced his refusal. He will not use his own cash for Moda Center upgrades. Dundon wants taxpayers to cover the whole bill. Mayor Keith Wilson urges the city to take action. A City Chamber leader pushes the city to select a funding method. Stephen A. Smith has criticized the decision. The commentator urged Dundon to stick to hockey and stop seeking public cash for the basketball arena. Local leaders are applying pressure on Dundon for answers about how to finance the project.

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