The Portland Trail Blazers have been trying to figure out what the future of the franchise was going to be. Since Paul Allen passed away in 2018, the franchise has been passively looking for buyers.
Details have emerged in a current lawsuit alleging impropriety in an agreement between the Paul Allen Estate and Texas business owner Tom Dundon to purchase the Portland Trail Blazers.
The Portland Trail Blazers’ reported sale from long-time owner Paul Allen’s estate to Texas businessman Tom Dundon brought shockwaves, and some relief, to the Trail Blazers universe when it was announced this August and confirmed nine days ago.
The winds of change are blowing through the Rose City, and the Portland Trail Blazers are making big changes to their franchise. In a move that signals the end of a nearly four-decade chapter, the estate of the late Paul Allen has formally announced its intention to sell its majority stake in the Portland Trail Blazers.
The Portland Trail Blazers have been trying to figure out the future of the franchise ever since Paul Allen passed away in 2018. The organization has been in limbo since then.
The Portland Trail Blazers have been held in limbo for quite a while. Ever since Paul Allen passed away in 2018, the future of the franchise in Portland has been a bit murky.
The Portland Trail Blazers have been looking for a new owner ever since Paul Allen passed away in 2018. His will made it clear that his widow needed to sell the franchise.
The Trail Blazers finally have new owners after a multi-year process to find someone to buy the team. Once Paul Allen passed away in 2018, it was inevitable that the Blazers would have new owners.
The Trail Blazers’ incoming ownership group will be led by Carolina Hurricanes owner Tom Dundon, whose agreement to purchase the franchise from Paul Allen’s estate carries a blended valuation of about $4.25 billion.
PORTLAND – Tom Dundon, owner of the Carolina Hurricanes, has reached a tentative agreement to buy the Portland Trail Blazers from the estate of Paul Allen, according to people familiar with the matter.
The Trail Blazers are set to be sold for more than $4 billion, according to ESPN’s Shams Charania. A group led by Carolina Hurricanes owner Tom Dundon has reached a tentative agreement to purchase the franchise from the estate of former owner Paul Allen, Sportico’s Scott Soshnick and Eben Novy-Williams reported.
The Portland Trail Blazers have been trying to get a new owner for quite some time. Ever since Paul Allen passed away in 2018, this has been the inevitable route for the future of the franchise.
The Blazers will be valued at more than $4 billion in the sale.
The Portland Trail Blazers were put up for sale by owner Jody Allen after the passing of Paul Allen. Paul was the long-time owner of the franchise, and since his passing, his family estate took over, but earlier this summer, Jody placed the team on the market for bidders to buy the organization.
The Portland Trail Blazers' team valuation is increasing rapidly ahead of an anticipated sale. When former team owner Paul Allen passed away in October
The Portland Trail Blazers are in the midst of a big transition. Not only are they trying to transition into a team that can make the playoffs on the court, but they are also looking to change their ownership.
The Portland Trail Blazers are in the midst of trying to find a new owner for the team. After decades under the control of the Allen family, they have decided to sell the team.
The Portland Trail Blazers are in the process of being sold. The Allens have finally decided to part ways with the franchise, although Paul Allen, the principal owner, died back in 2018.
The Portland Trail Blazers are for sale. The Trail Blazers finished the 2024-25 NBA regular season with a 109-81 win over the Los Angeles Lakers at the Moda Center on April 13.
An NBA franchise is officially heading to the open market.
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