Tag: Oklahoma City Thunder

Arena

Since Portland passed a law to help bring an MLB team, the Trail Blazers would like some more money for Moda Center

Now, the Portland Trail Blazers would like some of that money. According to OregonLive, the Blazers want an “estimated $20 million per year” to be given to them “from the state’s general fund.” The team claims that this allows them to start a $600 million renovation of the current arena. However, as OregonLive notes, the Blazers' situation is not similar to last year's MLB giveaway. The NBA team's players/staff have already been paying “into the…

William Neilson Jr.
Arena

In Oklahoma, some believe that an ownership group is proving their “commitment” to the area when they pay just 5% for a $900M new arena

In the NBA, the value of teams is rising at a rather insane pace. In 2006, the current owners of the Thunder bought the team for $350M. Now, the value of the team hovers around $3.5B. But that doesn't matter because these owners are committed to the area. Right? Some have even claimed that these owners bring a “tremendous selflessness” towards the team and city.

William Neilson Jr.