{"id":719288,"date":"2026-06-22T14:21:13","date_gmt":"2026-06-22T14:21:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/719288\/"},"modified":"2026-06-22T14:21:13","modified_gmt":"2026-06-22T14:21:13","slug":"blazers-owner-tom-dundon-will-address-business-group-this-week","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/719288\/","title":{"rendered":"Blazers owner Tom Dundon will address business group this week"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/06\/7PE2JLKXABAETDOLR33TX4HTJA.JPG\" alt=\"Tom Dundon, one of the new owners of the Portland Trailblazers, speaks during a press conference at the Moda Center, April 2, 2026. \" class=\"width_full\" style=\"aspect-ratio:6000 \/ 4000;width:100%\"\/><\/p>\n<p>Tom Dundon, one of the new owners of the Portland Trailblazers, speaks during a press conference at the Moda Center, April 2, 2026. <\/p>\n<p class=\"article-body__image-by color_dgray f_s_xxs m-none\">Kristyna Wentz-Graff \/ OPB<\/p>\n<p class=\"article-body__text article-body--padding color_dgray m-none\">New Trail Blazers owner Tom Dundon will make a rare Portland appearance this week, when he\u2019s slated to speak with area business leaders. <\/p>\n<p class=\"article-body__text article-body--padding color_dgray m-none\">Dundon is coming off his signature achievement as a professional sports team owner. His NHL team, the Carolina Hurricanes, just won the Stanley Cup. <\/p>\n<p class=\"article-body__text article-body--padding color_dgray m-none\">But the status of the billionaire\u2019s more recent acquisition is less assured. <\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.opb.org\/pf\/resources\/icons\/_newsletters\/first-look.svg?d=209\"\/><\/p>\n<p>OPB&#8217;s &#8220;First Look&#8221; is your guide to Northwest news and culture, delivered to your inbox every weekday and Saturday morning.<\/p>\n<p class=\"article-body__text article-body--padding color_dgray m-none\">Dundon is navigating a coaching change, after Blazers interim head coach Tiago Splitter departed for the Chicago Bulls. And the Blazers are still coming to grips with an organizational shakeup after Dundon <a href=\"https:\/\/www.opb.org\/article\/2026\/05\/19\/portland-trail-blazers-lay-off-employees-in-restructuring-of-business-office\/\" target=\"_blank\" rel=\"nofollow noopener\">laid off dozens of employees <\/a>last month.<\/p>\n<p class=\"article-body__text article-body--padding color_dgray m-none\">But perhaps the most pressing issue, as Dundon prepares to speak to members of the Portland Metro Chamber on Wednesday, is the future of the Moda Center. The Blazers have spent the year <a href=\"https:\/\/www.opb.org\/article\/2026\/06\/09\/portland-unveils-timeline-for-moda-center-deal\/\" target=\"_blank\" rel=\"nofollow noopener\">pressuring state and local officials <\/a>to spend $600 million or more to renovate the aging Portland arena. <\/p>\n<p class=\"article-body__interstital article-body--padding f_primary m-none\">Related: <a href=\"https:\/\/www.opb.org\/article\/2026\/05\/19\/portland-trail-blazers-lay-off-employees-in-restructuring-of-business-office\/\" rel=\"nofollow noopener\" target=\"_blank\">Portland Trail Blazers lay off employees in restructuring of business office<\/a><\/p>\n<p class=\"article-body__text article-body--padding color_dgray m-none\">State lawmakers acted in February, OK\u2019ing $365 million toward the project if Dundon agrees to keep the team in Portland for two decades. Multnomah County has also pledged $88 million. <\/p>\n<p class=\"article-body__text article-body--padding color_dgray m-none\">The city of Portland\u2019s piece of the pie has been harder to track. Earlier this year, Mayor Keith Wilson proposed kicking in $120 million to the renovation project up front, with nearly $300 million more over the next 20 years.<\/p>\n<p class=\"article-body__text article-body--padding color_dgray m-none\">But it\u2019s not yet clear how the city will cover that cost. Portland City Council is scheduled to hold a work session on an arena funding concept in City Hall on Wednesday, around the same time Dundon is expected to speak across the river at the Metro Chamber\u2019s annual meeting.<\/p>\n<p class=\"article-body__text article-body--padding color_dgray m-none\">The business event will take place, fittingly, at the Moda Center. <\/p>\n","protected":false},"excerpt":{"rendered":"Tom Dundon, one of the new owners of the Portland Trailblazers, speaks during a press conference at the&hellip;\n","protected":false},"author":2,"featured_media":719289,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[355,309705,99],"class_list":["post-719288","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nba","tag-nba","tag-northwest-politics-politics-portland-trail-blazers-trail-blazers-basketball-nba","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/719288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=719288"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/719288\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/719289"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=719288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=719288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=719288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}