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News

Portland Trail Blazers Soon to Have New Owner

The New York Times · 2d
NBA’s Trail Blazers reach deal to sell to NHL’s Hurricanes owner Tom Dundon
Paul Allen's trust announced in May that it was selling the team and estimated that the process would go into the 2025-26 season.
Fortune on MSN · 1d
Another NBA blockbuster as Portland Trail Blazers sell to group led by billionaire Tom Dundon for reported $4.25 billion
Dundon confirmed the sale while declining to comment on the exact transaction value, saying he was “ very excited .” The estate of billionaire Paul Allen announced the Blazers were formally up for sale in May,
Yahoo Sports · 1d
Tom Dundon Is “Very Excited” About Purchase Of The Trail Blazers
According to ESPN’s NBA insider Shams Charania, Dundon has agreed to buy the Trail Blazers from the estate of Paul G. Allen for a valuation of over $4 billion. The Trail Blazers’ valuation is listed at $3.65 billion according to CNBC’s latest Official NBA Team Valuations.
14mon MSN

Blazers News: Insider Reveals Astronomical Final Sale Price of Franchise

The final price of the Trail Blazers sale has been released, and it's a doozy. Portland will be sold for $4.25 billion in two separate payments, according to Sportico.
4hon MSN

Trail Blazers sale: 5 key talking points for fans in the know

The Portland Trail Blazers have found a new ownership group led by Tom Dundon, a businessman with diverse investments in ...

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