Portland, Paul Allen and Blazers
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The Portland Trail Blazers have found a new ownership group led by Tom Dundon, a businessman with diverse investments in sports and entertainment who has committed to keeping the team in Portland. The Paul Allen estate has reached a tentative agreement with Dundon and a group of investors in a deal reportedly exceeding $4 billion.
Paul Allen’s estate, which owns the Seattle Seahawks, has struck a tentative agreement to sell the NBA's Portland Trail Blazers.
Dundon owns the NHL's Carolina Hurricanes, and he's the majority owner of the Pro Pickleball Association and Major League Pickleball.