Portland Trail Blazers
Headed by their new general manager Olshey, the Trail Blazers front office further made a few changes during July 2012. The Blazers signed their 30th pick from the 2006 draft, Joel Freeland, and their 22nd pick from the 2009 draft, Víctor Claver, as well as re-signing Hickson and Nicolas Batum. They also signed veteran point guard Ronnie Price to back up Lillard, who was selected as co-MVP of the 2012 Las Vegas Summer League. Dallas Mavericks assistant coach Terry Stotts was hired as head coach on August 7, 2012.
Portland Trail Blazers
The Trail Blazers play their home games in the Moda Center, a multipurpose arena which is located in Portland's Rose Quarter, northeast of downtown. The Moda Center, originally named the Rose Garden, opened in 1995 and can seat a total of 19,980 spectators for basketball games; capacity increases to 20,580 with standing room. Like the Trail Blazers, the Moda Center is owned by Paul Allen through subsidiary Vulcan Sports and Entertainment. During a two-year period between 2005 and 2007, the arena was owned by a consortium of creditors who financed its construction after the Oregon Arena Corporation, a now-defunct holding company owned by Allen, filed for bankruptcy in 2004. In August 2013, the arena's name was changed from the Rose Garden to the Moda Center, after the Blazers' front office officials reached a $4 million agreement with Moda Health Corporation. The name change was met with considerable criticism from fans.