Tag Archives: Blazers

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The Portland Trail Blazers’ potential new owner used to play pick-up basketball with Mark Cuban, loves pickleball, owns a professional hockey team and has amassed a fortune through investments in sports and entertainment, financial services, real estate and other endeavors. But perhaps more than anything, what enticed the Paul Allen estate to sell Portland’s beloved NBA team to Tom Dundon …

By Mike Vorkunov, Sam Amick and James Mirtle Billionaire financier Tom Dundon and a group of investors have an agreement to buy the Portland Trail Blazers. Dundon is also the owner of the NHL’s Carolina Hurricanes, which confirmed his effort to purchase the Trail Blazers in a statement to The Athletic. Dundon later confirmed to The Athletic that he is …

An exterior shot of the Moda Center at the launch party event for the Portland Fire on Tuesday, July 15, 2025.Sean Meagher/The Oregonian Carolina Hurricanes owner Tom Dundon heads a group that has reached a deal to buy Portland’s beloved NBA franchise. But it appears the group is still growing. Dundon’s business partners have been in contact with prominent Oregonians …

The Portland Trail Blazers will have a new owner — and he intends to keep the team in the city that has been its home since its founding in 1970. Sources confirmed to The Oregonian/OregonLive that Paul Allen’s estate has agreed to sell the team to Carolina Hurricanes owner Tom Dundon. Dundon heads a group to buy the team that …

Carolina Hurricanes owner Tom Dundon reportedly reached an agreement to buy the Portland Trail Blazers from the estate of deceased owner Paul Allen, Eben Novy-Williams of Sportico reported Wednesday. Dundon will reportedly pay over $4 billion for the franchise, per ESPN’s Shams Charania. Advertisement Allen, a co-founder of Microsoft, purchased the Trail Blazers for $70 million in 1988. Allen was …

Carolina Hurricanes owner Tom Dundon has reached a tentative agreement to buy the Portland Trail Blazers from Paul Allen’s estate, according to people familiar with the details. Others in the group include Blue Owl Capital co-president Marc Zahr and Portland-based Sheel Tyle, co-CEO of Collective Global, according to the people, who were granted anonymity because the details were private. The …

TUALATIN — They toured China together as ambassadors for Adidas. They won gold medals together on Team USA. They talked regularly about joining forces together one day on the same NBA team. But before Jrue Holiday and Damian Lillard could officially celebrate becoming teammates, the pair of veteran All-Star point guards had to put one pesky little annoyance behind them. …

Portland Trail Blazers rookie center Yang Hansen could have his request for an autographed photo from Denver superstar center Nikola Jokic fulfilled. But potentially under certain conditions. During the 2025 NBA Summer League, Yang, from China, expressed his desire to one day receive an autographed photo from his idol. Jokic, from Serbia, was shown a video of Yang’s request and …

Portland Trail Blazers star Damian Lillard is liking what he’s seen so far from rookie teammate Yang Hansen. After the grand event of Lillard’s re-introductory press conference on Monday, Trail Blazers reporter Casey Holdahl asked the NBA veteran about his first impressions of the 7-foot-1 center from China. Lillard spoke glowingly of his new teammate, particularly Yang’s demeanor on the …