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Portland Trail Blazers to be sold to Hurricanes owner and pickleball enthusiast
A group led by billionaire Tom Dundon, the owner of the NHL’s Carolina Hurricanes, has reached a tentative agreement to buy the Trail Blazers from Paul Allen‘s estate, sources tell Scott Soshnick and Eben Novy-Williams of Sportico. Blue Owl Capital co-president Marc Zahr and co-CEO of Collective Global Sheel Tyle are among the other investors who are part of Dundon’s group, according to Soshnick and Novy-Williams, who say the buyers intend to keep the team in Portland. The Blazers will be valued at more than $4 billion in the sale, reports Shams Charania of ESPN. The Trail Blazers announced their plans to sell the franchise back in May. Allen, the longtime Blazers owner who purchased the franchise for $70M in 1988, died on Oct. 15, 2018, resulting in control of the team being transferred to his sister Jody Allen, the trustee and executor of his estate. The plan following Paul Allen’s death was for ownership of the Blazers to eventually change hands as part of an estate sale, which is the process that’s playing out now. The investment bank Allen Co. (no relation) and the law firm Hogan Lovells were selected to lead the sale of the team. As Soshnick and Novy-Williams note, while the valuation of the Blazers in this tentative deal isn’t yet known, a trust generally has a fiduciary duty in an estate sale to maximize the value of its assets and to sell to the highest qualified bidder. When Sportico last updated its NBA franchise valuations in December 2024, the site estimated the Blazers’ worth to be $3.6 billion. New owners have agreed to buy the Celtics ($6.1 billion valuation) and Lakers ($10 billion valuation) since then. All estate proceeds as a result of the Blazers sale will be directed toward philanthropy, per the late Allen’s wishes. In addition to owning the NHL’s Hurricanes, Dundon has invested heavily in pickleball — he’s the majority owner of the PPA Tour and Major League Pickleball. Dundon, who is also the chairman and managing partner of the Dallas-based investment firm Dundon Capital Partners, will serve as the Blazers’ new governor if and when the sale is officially approved by the NBA, per Sportico’s report.
Cowboys fans won't like Jerry Jones' update on Micah Parsons standoff
With the regular season approaching, the Dallas Cowboys should be aiming to extend EDGE Micah Parsons promptly. But they're still in no rush to do that. Parsons is set to play on the fifth-year option of his rookie contract in 2025 and has requested a trade. Dallas insists it has no plans to move the 26-year-old pass-rusher but hasn't clarified when it will extend him. Giving him a new deal before the regular-season opener against the Philadelphia Eagles on Sept. 4 at 8:20 p.m. ET (NBC, Peacock) seems wise. Dallas owner Jerry Jones, however, said that's not the team's deadline, nor does it need one. "No, not at all," Jones said Wednesday, via Jonah Javad of WFAA-TV in Dallas. "You don't have deadlines when you're playing under contract." Parsons is under contract, but that doesn't mean he must suit up. The EDGE could hold out of regular-season games, like former Cowboys star running back Emmitt Smith did in 1993. The Pro Football Hall of Famer missed the first two games of the season before becoming the league's highest-paid RB at that time. Parsons hasn't said whether he would hold out of regular-season games, but it's apparent he's unhappy with where things stand. "My mouth is closed," Parsons said Wednesday while leaving the practice field in Oxnard, California, via Field Level Media. Jones didn't say if talks with Parsons would resume when the Cowboys return to Texas for their second preseason game against the Baltimore Ravens. The matchup is scheduled for Saturday at 7 p.m. ET. The owner still seems confident Parsons will play on the fifth-year option if Dallas doesn't sign him before the start of the regular season. "Again, all you've got to go on are contracts," Jones said. "We are negotiating for a contract. When you do a contract, you would hope that after a negotiation, that's what both the team and player look to see what our obligations are. I have a lot of respect for the contract." Cowboys quarterback Dak Prescott and wide receiver CeeDee Lamb played the last years of their rookie contracts. Perhaps Jones wants Parsons to do the same. Still, that would be silly. Paying the four-time Pro Bowler should be a no-brainer for the Cowboys, so they should stop wasting time and show him the money.
Bruins' top prospect makes decision on college that will shake up the scene
Boston Bruins top prospect James Hagens has announced he will return to Boston College for his sophomore season. In a brief interview with Scott McLaughlin of Boston’s WEEI 93.7, Hagens shared that he’s in no rush to advance to the next step, acknowledging that development is a, “marathon, not a sprint.” Hagens revealed the news while participating at the Bruins’ 14th annual back-to-school celebration, alongside current Bruins Mason Lohrei and John Beecher. Few announcements will shake the college scene as much as the news of Hagens’ return. He was among the best freshmen in college last season, tracking to 37 points in 37 games. That scoring earned him a unanimous selection to Hockey East’s All-Rookie team — an accolade he shared with teammate Teddy Stiga and Boston University rival Cole Hutson. Hagens reached those heights while filling an interesting role with the Eagles, stepping in between wingers Gabe Perreault and Ryan Leonard after the two spent their last three years centered by San Jose Sharks prospect Will Smith. Each of Perreault, Leonard and Hagens scored fewer points than the Eagles’ top-line managed in 2023-24, but it seemed that was more the cause of a low-scoring year across Hockey East. The top unit recorded points on 36 percent of BC’s goals this season, an ever-so-slight improvement over the 34 percent contributed by Smith, Leonard and Perreault in 2024. But while Hagens faced questions of his scoring upside relative to other top draft-eligible talents in the NCAA, it was hard not to be impressed by his on-ice results. He’s long been a dynamo among his age group, with an innate ability to predict movement and put himself in position to make a play. Hagens is strong on the puck — with an ability to use finesse moves and bulky shoulders to force his way into the dangerous areas of the ice. More than that, he showed clear signs of improvement as the year went on — developing his physical presence and ability to make a difference even when he wasn’t the first man in on a play. Those signs of growth give Boston a prospect to be excited over. Hagens was lauded as the clear first overall talent in the 2025 draft class, prior to the beginning of the 2024-25 season. Much of that claim came from his command of the U.S. NTDP over the 2022-23 and 2023-24 seasons, where he served as the team’s top-line center and snappy playmaker next to electric goal-scorer Cole Eiserman. With Eiserman’s help, Hagens was able to become the fifth-highest scoring player in NTDP history, with 187 points in 118 games. He also set the scoring record at the World U17 Hockey Challenge in 2023, with 21 points in seven games, and the World U18 Championship in 2024, with 22 points in seven games. Hagens will be returning to a fresh-faced Boston College lineup next season. Both Leonard and Perreault signed their NHL entry-level contracts at the end of last season, leaving the Eagles with vacancies on both wings on their top-line. One of those spots will be occupied by Stiga, who has shown years of chemistry playing next to Hagens. The other spot will be closely contested, but could land in the hands of transfer forward Ryan Conmy or fellow Bruins draft pick William Moore. Hagens and Moore will be two of six Bruins prospects on next year’s Eagles squad, providing local fans with plenty of reasons to walk to Conte Forum when the puck drops.
Max Johnson reacts to Bill Belichick going to transfer portal for new QB
North Carolina's Bill Belichick has found himself in a very interesting situation as he gears up for his first season as a college football head coach. On one hand, he has what every new coach covets: An experienced quarterback with an NFL pedigree. That would be Max Johnson, the son of former NFL quarterback Brad Johnson. Johnson missed a majority of the 2024 season after suffering a broken femur in the season opener, but he's healthy heading into this 2025 season and has 22 starts under his belt between stops at LSU and Texas A M. One would think Johnson would be UNC's clear starter, but he is coming off a catastrophic injury and only just recently got back to full-strength. On the other hand, one of Belichick's first moves at UNC was going into the transfer portal to bring in redshirt sophomore Gio Lopez from South Alabama to compete for the starting job. That's a move that could have easily rattled Johnson, but in an in-depth look at his recovery from that terrible femur injury by Andrea Adelson of ESPN, the sixth-year quarterback explained that he understood why Belichick did what he did. "I get it. You have to go in the portal," Johnson says. "I didn't know if I was going to be ready. They didn't know. They asked me those questions. I'm telling them I'm going to be ready, because I know myself. But it's tough from their point of view because it's like, 'OK, we've got to make a business decision.'" Belichick made a business decision and it's worth noting that while Johnson is saying the right things about the introduction of Lopez into the equation, he's also walking the walk. "I transfer in, we're both competing for the spot, and people paint this narrative like they must not like each other. Me and Max are actually great friends," Lopez explained. A starter has not yet been named by Belichick, but one gets the sense that if Johnson gets the call, he'll be ready to pick right back off where he left off with no reservations. And as Lopez tells it, if he ends up winning the starting gig, UNC can expect to have a more than supportive backup in Johnson. "He's been super helpful with the offense. There's no second agenda with him, where he's trying to throw me off. He's been great," Lopez said.
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