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cityobservatory.org
I've seen these '
minimal-economic-impact' studies before. This isn't new. the wild exaggerations of proponents of spending public money aren't new either. Bill Oram's idiotic claim that the Blazer leaving would set the Portland economy back by 2 generations is kind of new
one of the main arguments on this is that a big majority of the economic activity for a sports team is local. It's people in the area diverting disposable income into the Blazer economy rather than buying a new tablet or dining set or going to a movie. That money would be spent anyway so for the local economy it's zero-sum
obviously, 41 times a year, other NBA teams will be visiting, sometimes for 2 nights. That could bring in 60-70 players, coaches, reporters, broadcast personnel that will spend money on lodging, food, transportation. But that's insignificant compared to the economy.:
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The Blazers annual revenue was around 360M last season. The total BRI for the entire NBA in 2024-25 was 10.25B. That compares to the 220B GDP of the Portland metro area and the 80B GDP of just the city of Portland
of course there will be other activities like concerts at the Moda than just Blazer games. So the overall impact will be bigger. That still won't change the dynamics of zero-sum economy.
my objections to this funding scheme has always been about the grift. The grift that Silver and the NBA and Dundon were pressing for public money. The grift pro sports leagues and the owners usually press for public funding. The wild exaggerations about economic impact and the panic about the imminent departure of the Blazers. That almost nobody involved in the process up until after the legislature passed the bill exercised the due diligence to tap the brakes, just a little, is a disgrace in my view. Maybe that's too harsh but there certainly was an abdication of responsibility