And the answer is: If the experience of other cities is to be believed, Portland would be just fine. The former NHL home of the Arizona Coyotes has been without its anchor tenant since 2022; they’ve moved onto the greener pastures of Salt Lake City. To see how bad the finances got in the immediate aftermath, let’s hear from Glendale City Manager Kevin Phelps. At the peak of their popularity, the Warriors left Oracle Arena in Oakland for a new facility in San Francisco: the Chase Center. So what happened to Oracle (now called Oakland Arena) when the Warriors left?