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Portland’s NBA Team in Crisis | Seattle News
Portland’s new NBA owner, Tom Dundon, is demanding nearly $600 million in taxpayer money for arena upgrades—echoing the painful Seattle Sonics saga that ended with a team relocation. Dundon, who bought the Trail Blazers for $4.25 billion, now faces resistance from city leaders split between seeing the investment as vital and arguing funds should go to housing or public safety. A proposed deal calls for $120 million from the city, with state and county picking up the rest—but Dundon has already rejected the annual usage fee. As negotiations drag into 2025, this familiar sports-industry…
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