A Public Ledger · Sixteen Deals

The Subsidy Scoreboard

Recent major North American sports-arena projects, ranked by the share of construction cost paid with private capital. The Portland Moda Center proposal is shown in ruby for comparison.

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Other dealsPortland (proposed)
0%25%50%75%100%PRIVATE SHARE OF CONSTRUCTION COSTIntuit Dome (Clippers)100%Philadelphia 76ers New Arena100%Chase Center (Warriors)100%Climate Pledge Arena100%Rocket Mortgage FieldHouse (Cavaliers)62%Little Caesars Arena (Pistons)60%Golden 1 Center (Kings)52%Fiserv Forum (Bucks)52%San Antonio Spurs New Arena38%Capital One Arena36%State Farm Arena (Hawks)26%Gainbridge Fieldhouse (Pacers)18%OKC New Arena (Thunder)6%Moda Center (PROPOSED, Trail Blazers)0%PROPOSEDFedExForum (Grizzlies)0%Spectrum Center (Hornets)0%
A note on the bars near zero
Several of the public-heavy deals at the bottom of this chart still secured real rent, revenue-sharing, or relocation penalties — Oklahoma City's roughly $1B relocation penalty, Charlotte's $2M annual rent plus capital fund, Washington's rent through 2050. The Portland proposal includes none of these. So the chart, as drawn, understates how far the Moda Center proposal sits from the norm.