who owns the moda center

The Moda Center is owned by the City of Portland and operated under lease and management agreements with Rip City Management, the Portland Trail Blazers’ arena operations company, which is tied to the late Paul Allen’s estate.

Quick Scoop: Who owns the Moda Center?

• Legal/title owner: City of Portland.

• Operator: Rip City Management LLC (the Blazers’ arena/operations arm).

• Team connection: Rip City Management is a sister company of the Portland Trail Blazers, which are controlled by the estate of Paul Allen, overseen by his sister Jody Allen.

• Recent change: Around 2024–2025, ownership was transferred from the Paul Allen estate to the city for a nominal purchase price (often reported as 1 dollar), as part of a broader “bridge” lease and renovation framework.

So in everyday terms:

• The building is city-owned (public).
• The day‑to‑day running and events are handled by the Blazers’ management company under a long-term lease.

Information gathered from public forums or data available on the internet and portrayed here.