While the state’s legislation requires a 20-year lease agreement, Dundon has pushed for a buyout option after 10 years, multiple sources said. That proposal has understandably not landed well, particularly given existing fears that Dundon could have an eye toward moving the team to a city that he views as more business-friendly. Sources close to Dundon have said he is reluctant to make a 20-year bet on Portland without more assurances that the local economy is heading in a more positive direction.
This article originally appeared on Hoops Hype: While the state’s legislation requires a 20-year lease …