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The money is conditioned on the Trail Blazers remaining in Portland.
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Oregon lawmakers fretting over the Trail Blazers’ future in Portland have slapped a price tag on their effort to ensure the team stays put: $365 million. The state money is part of a larger public spending deal package — with Portland and Multnomah County — to ensure the Trail Blazers stay for decades to come.
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If some of Oregon’s most powerful leaders have any say — and they do — hundreds of millions of public dollars will soon be headed toward fixing up Portland’s Moda Center.