The Moda Center listening sessions are happening! Please ask one of the following questions to your councilors, and share this with others so we can all be prepared to ask the questions we need answers to! www.ripcitynotripoff.com#park-questions
"Portland is a small market, no owner would want to be here"
"The NBA doesn't care about keeping the Blazers in Portland, they would let them leave!"
πππ youtu.be/bpFZeFybcio?...
We sat down with KBOO to talk Moda and answer calls from Portlanders. Check it out: kboo.fm/media/133910...
In case you haven't heard, public handouts to billionaires are wildly unpopular.
Sadly the Fire didnβt win tonight, but I can report confidently that the Moda Center continues to not need any refurbishing with PCEF funds. We got upgraded to better seats, but probably still not billionaire seats, so what do I know π€·πΌββοΈ
"Paul Allen paid for this Arena, now its our turn". Wrong. We paid $35M up front compared with his $45M of equity. He defaulted on his loan, and all of the ticket fees we got were recycled right back into the Arena. the City General Fund made $0. We subsidized HIM.
www.ripcitynotripoff.com/history
I did an interview on the Moda funding question on KATU this week. Council has the leverage here. Itβs time to use it to get a good deal for Portlanders.
wrote about this amazing breakdown on linkedin hehe
www.linkedin.com/posts/demi-l...
The City's facility assessment shows a $505M 20-year plan, with two-thirds tied to revenue-generating upgrades. Portland should define a market deal before any public vote.
Today we're talking with Edan Krolewicz, creator of the 'Rip City Not Rip Off' campaign, pushing for a better Moda Center renovation deal between the City of Portland and the Blazers ownership. Althea...
Built on public land through a 1990s partnership; the City has owned the building since 2024. Here's what Portland put in, what it got back, and how we reached the $600M ask.
www.ripcitynotripoff.com
demi πͺ
Yet another incredible explainer from Rip City Not Rip Off, an independent source for the financial nitty gritty of Tom Dundon's, an already accused predatory lender, attempted-grift on Portland tax p...
"Paul Allen paid for this Arena, now its our turn". Wrong. We paid $35M up front compared with his $45M of equity. He defaulted on his loan, and all of the ticket fees we got were recycled right back into the Arena. the City General Fund made $0. We subsidized HIM.
www.ripcitynotripoff.com/history
Built on public land through a 1990s partnership; the City has owned the building since 2024. Here's what Portland put in, what it got back, and how we reached the $600M ask.