The lack of private investment in the Blazers' …

[ASFN Admin]

The lack of private investment in the Blazers' renovation proposal is a red line for some city councilors. “That is probably my number one issue. I am going to have a hard time agreeing to give public money if I'm not seeing a private investment. That is what public-private investment means, and I will be demanding that that comes true,” Councilor Candace Avalos said in a work session in June. Other councilors want the team to pay rent, share arena naming rights revenue, or split money made from non-NBA events at Moda Center to offset the city's investment – like other teams have agreed to in other deals.

KATU.com

This article originally appeared on Hoops Hype: The lack of private investment in the Blazers' …

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