Bald Faced Truth by John Canzano

Bald Faced Truth by John Canzano

Canzano: The sun came up on Blazers-Portland spat

Trail Blazers spit on the term sheet.

John Canzano's avatar
John Canzano
Jul 21, 2026
∙ Paid
The Moda Center lease hangs in the balance. (Photo: Naji Saker)

I was up early. I saw the sun rise on Tuesday. Watching that beginning hit me like a bag of bricks — the days just keep coming.

The city of Portland made a very respectable offer on Friday. It spilled its proverbial guts in a $573 million term sheet to the Trail Blazers that officials strategically made public. It must have felt scary and vulnerable to put all that out there, pouring out the details of a 20-year lease in black and white, but the city did what it needed to do.

Then, Tom Dundon’s group spit all over it.

A “non-starter,” an unnamed source told The Athletic.

Hey, at least they replied.

I’ve long felt like one of the weaknesses of city government is inaction. I’m decisive, assertive, and know where the lines are for me. I’ll go to the mattresses to make things work within that framework. An inch beyond it, though, is a ‘no-go.’ I was impressed that the city made a strong, early play, drew some boundaries, and put itself out there.

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