Wweek.com - Portland Must Confront the Real Danger of Losing the Blazers

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julius said:
What's your point?

No one said anything about another city not wanting a team
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Yes they did. They answered your question with “to move it”. You asked why someone would want to buy a shitty team
 
wizenheimer said:
I remember that about 25 NBA teams were "losing money" back then, including Portland. Accounting 101 and all the associated tricks. Kind of funny how the revenue and profit projections always took big dives heading into new CBA negotiations with the Player's Union.

besides all that, you showed a graph where Portland ranked around 20th in revenue. You seemed to be assuming that a new owner would look at that and say to himself that 10 teams were worse. But I'm inclined to think he'd say "damn, 20 teams were better"
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Yeah, they claimed they were "losing money" meanwhile the value of the franchises continued to increase, I would bet at a much greater rate than their budget deficits. Also, as you said, there is the creative corporate tax accounting. I didn't buy it then, and I don't buy it now.

:cheers:
 
wizenheimer said:
the city will need to be leaders in finding a site for the arena, one that offers more ways to generate revenue. They can also fast-track permits and offer tax breaks.
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Lloyd center.

Its the answer and will be the answer. No reason to talk about it anymore. Since ill be right ill bow out of this discussion.
 
BoBoBREWSKI said:
I do not think Lloyd Center is an option. The old Nordstrom is being being transformed into a concert venue as we speak. Unless there is enough room to leave that there and tear down everything else around it for a new NBA arena.

https://www.koin.com/entertainment-news/goodbye-nordstrom-hello-lloyd-center-music-venue/
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That's going to be a small concert venue. I believe it will only sit in Nordstrom's original footprint.

But it would be awesome if there was some nightlife in the area before the arena got built. Something more than Cucina Cucina that was at the Rose Quarter.
 
wizenheimer said:
A major renovation might cost close to that.
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thank you for saying this--people seem to forget that the seattle arena costed about as much as a new build would have cost anyway.
 
It’s pretty clear there will be 3 options.

1. the new owner is super rich and builds a new arena.

2. the new owner splits the cost and we raise enough public money to build a new arena.

3. we get enough public money to renovate the Moda center and gut the inside but then we might have to play somewhere for a season or two for that to happen.

how much faith do you have in the leaders of Portland to make that happen?

If none of those three things happen, we might force the new owner to leave for better pastures imo.
 
wizenheimer said:
for what it's worth, I don't think the Blazers will move. But the odds are certainly higher now than they were when PA died
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Why do you think this?

I disagree - I don't think they'll move and the odds have always been effectively close to 0.

It doesn't make financial sense to move. Buyer could buy a cheaper worse performing franchise.
 
SharpesTriumph said:
Why do you think this?

I disagree - I don't think they'll move and the odds have always been effectively close to 0.

It doesn't make financial sense to move. Buyer could buy a cheaper worse performing franchise.
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I think he meant it went from .00001% to .0001%
 
SharpesTriumph said:
Why do you think this?

I disagree - I don't think they'll move and the odds have always been effectively close to 0.

It doesn't make financial sense to move. Buyer could buy a cheaper worse performing franchise.
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lol...

PA would have never moved the team. A new owner might. Thus, much higher odds
 
wizenheimer said:
lol...

PA would have never moved the team. A new owner might. Thus, much higher odds
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Well you said when he died, not when he as alive.

Yeah if your comparing some tiny percent of a percent chance maybe it's gone up a lot. But it's so close to zero it's not worth the click bait speculation and hysteria being thrown around.
 
SharpesTriumph said:
Well you said when he died, not when he as alive.

Yeah if your comparing some tiny percent of a percent chance maybe it's gone up a lot. But it's so close to zero it's not worth the click bait speculation and hysteria being thrown around.
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you don't know what the odds are, but if it was close to zero Silver wouldn't have used a mealy mouth term like "preference" twice. Pretty good chance there has been discussion from at least one prospective buyer about the need for a new arena.
 
Mediocre Man said:
Yes they did. They answered your question with “to move it”. You asked why someone would want to buy a shitty team
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Im sure Medford would love the Blazers but moving there doesn't make sense.
 
Portland would be kinda lame without the Blazers. Just my opinion.

My biggest fear is Vegas. Mark Davis increased his net worth from 500 M to 2.3 B by moving to Vegas.

Vegas with Yang(if he hits) would be massive.
 
wizenheimer said:
you don't know what the odds are, but if it was close to zero Silver wouldn't have used a mealy mouth term like "preference" twice. Pretty good chance there has been discussion from at least one prospective buyer about the need for a new arena.
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New arena and the team moving are totally different things. Yes I believe buyers want a new arena and that is the reason for Silver comment.

The Blazers moving makes no sense because the NBA and the city of Portland would both lose money.
 
Mediocre Man said:
But Seattle, Vegas, Mexico City, Montreal, etc. does, or at least might make sense
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I think it makes the most sense by far that the Blazers stay in Portland. I don't care that the idea that the Mayor and Governor are most into is refurbishing/renovating what was once known as the Rose Garden. The fact that they're talking like they're into the idea of the state and city sharing a significant portion of the multibillion dollar financial burden to keep the Blazers here is way more than what we saw in Seattle. Before Bennett was even the owner there was a ton of posturing by local and state politicians that the public shouldn't share in the burden with a billionaire... and they didn't.

So I think we're in a far different place than Seattle was when they started to lose their team (our politicians are saying they want to work to keep the team). The league is in a far different place than it was back then (way more profitable). We are a far different market than Seattle because while the Seattle metro area is just shy of two times the size of the Portland metro area, Seattle had three major pro sports teams when they lost the Sonics and we have only the Blazers (The Timber are fun but let's be real).

All in all I'm sure I'm not going to quiet the chicken littles of the forum but there is no reason to think that our team will get moved.
 
SharpesTriumph said:
New arena and the team moving are totally different things. Yes I believe buyers want a new arena and that is the reason for Silver comment.

The Blazers moving makes no sense because the NBA and the city of Portland would both lose money.
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Portland would....the NBA wouldn't, especially if the team moved to Vegas
 
blazerkor said:
I think it makes the most sense by far that the Blazers stay in Portland. I don't care that the idea that the Mayor and Governor are most into is refurbishing/renovating what was once known as the Rose Garden. The fact that they're talking like they're into the idea of the state and city sharing a significant portion of the multibillion dollar financial burden to keep the Blazers here is way more than what we saw in Seattle. Before Bennett was even the owner there was a ton of posturing by local and state politicians that the public shouldn't share in the burden with a billionaire... and they didn't.

So I think we're in a far different place than Seattle was when they started to lose their team (our politicians are saying they want to work to keep the team). The league is in a far different place than it was back then (way more profitable). We are a far different market than Seattle because while the Seattle metro area is just shy of two times the size of the Portland metro area, Seattle had three major pro sports teams when they lost the Sonics and we have only the Blazers (The Timber are fun but let's be real).

All in all I'm sure I'm not going to quiet the chicken littles of the forum but there is no reason to think that our team will get moved.
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you mean the 'chicken littles' like Ron Wyden. the governor, Chris Dudley, Portland's mayor, former Blazers, and loca businessmen who are concerned enough to be taking steps to try and eliminate the possibility?
 
What's the annual economic impact of having the Blazers in Portland? I suspect it's well worth some amount of public investment to keep them here.
 
BBert said:
What's the annual economic impact of having the Blazers in Portland? I suspect it's well worth some amount of public investment to keep them here.
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wizenheimer said:
you mean the 'chicken littles' like Ron Wyden. the governor, Chris Dudley, Portland's mayor, former Blazers, and loca businessmen who are concerned enough to be taking steps to try and eliminate the possibility?
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I mean the fact that the state legislature just passed something declaring how important keeping the Blazers here is, the governor and mayor being willing to do what it takes to keep them and all sorts of other local interests wanting them to stay is a far far different atmosphere than the one in Seattle before the Sonics left. I guess if they are being motivated by fear, which I doubt, then that's fine. The fact is that all of the levers of power in the area are being pulled to keep our team here. If they do what Silver wants them to then there's no way the team gets moved.
 
blazerkor said:
I mean the fact that the state legislature just passed something declaring how important keeping the Blazers here is, the governor and mayor being willing to do what it takes to keep them and all sorts of other local interests wanting them to stay is a far far different atmosphere than the one in Seattle before the Sonics left. I guess if they are being motivated by fear, which I doubt, then that's fine. The fact is that all of the levers of power in the area are being pulled to keep our team here. If they do what Silver wants them to then there's no way the team gets moved.
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sure. But they aren't doing those things because they believe there's no chance at all a new owner wouldn't move the team. In that regard, Adam Silver's shot across the bow sure got the attention of the city and state. That's probably good new for Blazer fans. But you have to believe that as soon as the costs start getting discussed there will be opposition
 
wizenheimer said:
sure. But they aren't doing those things because they believe there's no chance at all a new owner wouldn't move the team. In that regard, Adam Silver's shot across the bow sure got the attention of the city and state. That's probably good new for Blazer fans. But you have to believe that as soon as the costs start getting discussed there will be opposition
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I don't think the mayor's office with the endorsement of the governor puts out a statement like they did yesterday without knowing what the costs they're committing to are. I guess I could be wrong and as soon as the new owner is announced it becomes a bumpy and drama filled process but all of the signs from local and state government and commerce point towards something smooth.
 
If Portland needs to build a building I think Oregon will help them do it.

Losing the Blazers isn't an option.
 
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