City of Portland Sends Moda Center Arena Proposal to Trail Blazers
Key Points:
- City administrator Raymond Lee stated that negotiations with the Blazers have been challenging, with the city requesting certain information that has not yet been provided.
- Communication with the Blazers has been limited to verbal conversations so far, with no formal exchange of detailed information.
- Lee indicated that the Blazers are likely waiting for a finalized term sheet before fully engaging in negotiations and sharing critical information.
- The city aims to build a long-term deal with the Blazers, contingent on receiving necessary details once negotiations progress.