The Portland Trailblazers announced today that after 18 years of being know as the Rose Garden the NBA franchise’s home will now be called the Moda Center At The Rose Quarter.
Two of Oregon’s most dynamic and innovative companies are banding together in a 10-year agreement that will energize Portland’s hub for sports and entertainment, creating an urban showcase for healthy, active living. The Portland Trail Blazers and Moda Health have unveiled a community partnership that changes the name of the Rose Garden to the Moda Center at the Rose Quarter, effective immediately.
The naming rights deal is reportedly worth approximately $4.2 million annually. Moda Health is an insurance company that provides health services to almost 2 million people in Oregon and Alaska.