I know, on behalf the economy of Portland, you guys …
· Yahoo Sports
The Trail Blazers have maintained that the arena needed renovation to attract big events, like the NBA All-Star Game and future NCAA tournament games. The estimated total cost of the project is $600 million. "The Moda Center has become probably the oldest building in the league. There may be a building or two that are older but have already gone through significant renovations," Silver said. "So you know that this work needs to be done, not just for the basketball teams in town, but for all those events, and because I know, on behalf the economy of Portland, you guys have lost out on some big events because this arena hasn't been updated in a long time. So it's just work that needs to get done. But it seems like the spirit is there."
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This article originally appeared on Hoops Hype: I know, on behalf the economy of Portland, you guys …