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With Blazers' Future at Stake, Oregon Lawmakers Consider Moda Center Overhaul Bill
Senate Bill 1501 proposes creating the Oregon Arena Fund to finance a $600 million renovation, supporting economic growth and securing the Trail Blazers’ long-term lease.
- Senate President Rob Wagner introduced SB 1501 on Feb. 9, 2026, to help fund and manage a Moda Center renovation to keep the Portland Trail Blazers in Oregon.
- Moda Center opened in 1995 and is one of the NBA's oldest venues without major renovation; lawmakers say a roughly $600 million overhaul is needed as Tom Dundon, incoming owner, takes control next month.
- The measure would tap payroll and performer taxes to establish an Oregon Arena Fund, with $360 million in payroll taxes and contributions from Portland and the county, supporting renovations.
- After its first reading, SB 1501 sits in the Senate Committee on Rules with a hearing Wednesday, supported by Gov. Tina Kotek and Wagner, yet it does not allocate funds now.
- Budget writers caution that funding questions for the Moda Center renovation, supporting 1.6 million visitors and a $670 million impact, could divert from the state of Oregon budget's roughly $650 million hole.
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13 Articles
13 Articles
Oregon lawmakers consider bill to renovate Moda Center into 'world class destination'
KATU ABC 2 offers coverage of news, weather, sports and community events for Portland, Oregon and surrounding towns, including Beaverton, Lake Oswego, Milwaukie, Happy Valley, Gresham, Vancouver, Hillsboro, Oregon City, Tualatin, West Linn, Woodburn, Tigard, Tualatin and Garden Home.
·Portland, United States
Read Full Article'Bigger than basketball': Oregon bill aims to turn Moda Center into 'world-class hub'
A new bill in the Oregon legislature is aiming to guide renovations for the oldest unrenovated NBA area in the United States -- the Moda Center -- with plans to turn the facility into a "world-class hub" for sports and entertainment.
·Portland, United States
Read Full ArticleCoverage Details
Total News Sources13
Leaning Left2Leaning Right0Center7Last UpdatedBias Distribution78% Center
Bias Distribution
- 78% of the sources are Center
78% Center
L 22%
C 78%
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