Portland Trail Blazers Soon to Have New Owner
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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,
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.
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Yardbarker on MSNDamian Lillard secures $70 million from Bucks and Blazers despite sitting out 2025-26 season
Damian Lillard is bringing “Dame Time” back to Portland. Multiple reports say he signed a three-year, $42 million deal with the Trail Blazers. Combined with the money he is still set to receive from the Milwaukee Bucks,
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.
According to ESPN, the Blazers are one of ten teams that could have some major cap space in the 2026 offseason. That means they could go on a spending spree. With Lillard returning to the lineup, Portland could spend a lot of money to try to give him one last run at a championship, which is the biggest hole in his basketball resume.
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Axios on MSNBlazers' new owners eye big arena decision
The new owners of the Portland Trail Blazers will soon face a high-stakes decision: renovate the Moda Center or build a new arena. Why it matters: NBA Commissioner Adam Silver said the team "likely needs a new arena" — setting the stage for a civic showdown over funding and location.
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SB Nation on MSNWhat if the Trail Blazers Played in the East?
I think the Blazers have turned over a new leaf. Or maybe since Dame and Jrue Holiday are veterans an old one. But I think these moves solidify the roster over the next few years and give us the chance we’ve been waiting for.
Amidst trade rumors floating around Portland Trail Blazers forward Jerami Grant, NBA insider Sean Highkin revealed he hasn't heard anything as far as talks to m