Trail Blazers owner Tom Dundon sat courtside for Monday's preseason win after a day of meetings with legislative and business leaders.

Moda Center opened in 1995 and its lease runs through 2030. Adam Silver has called it bottom-tier among league buildings.

The state's share is about $365 million in bonding, with the city weighing roughly $120 million and the county up to about $101.6 million.

The state bonds unlock only if the team and local governments agree on a long-term lease by the end of the year.

Sharper talks are expected when Dundon returns for the Oct. 21 opener against the Suns.

Moda Center in Portland, July 2017. File photo: Michael Barera / Wikimedia Commons · CC BY-SA 4.0. Resized.

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