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NBA's Portland Trail Blazers Are Going up for Sale

Trail Blazers Ownership Preparing to Launch Formal Team Sale

Estate of Paul G. Allen is starting a formal sales process for the Portland Trail Blazers, sources tell ESPN. Allen & Co and law firm Hogan Lovells leads sales process, is estimated to continue into 2025-26, with all Estate proceeds going to philanthropy, per Paul’s wishes. pic.twitter.com/VmRl6NZHLf

The News Tribune on MSN · 2d

What the Paul G. Allen estate’s sale of the NBA Trail Blazers means for Seahawks

Allen’s directive has been to sell his sports and major holdings in the wake of his death in 2018. One sports holding is for sale.

Associated Press News on MSN · 3d

The NBA’s Portland Trail Blazers are going up for sale

Paul Allen’s estate announced that it has begun the process of selling the Portland Trail Blazers. Allen bought the Trail Blazers in 1988, telling the The Associated Press at the time that “for a true fan of the game,

NBA franchise being put up for sale

An NBA franchise is officially heading to the open market. The Portland Trail Blazers are being put up for sale, it was announced Tuesday. The team said ...

Blazers Ownership Officially Announces Plan to Sell Team

The Portland Trail Blazers are officially for sale. Aaron Fentress of The Oregonian reports that the club has announced the news in a press statement. 'Today th ...

Trail Blazers get No. 11 pick in NBA draft lottery; Mavericks win No. 1

The Portland Trail Blazers ended up with the No. 11 pick while the Dalles Mavericks won No. 1 in NBA Draft lottery, giving ...

Nike co-founder Phil Knight no longer interested in purchasing Trail Blazers

Nike co-founder Phil Knight is no longer interested in purchasing the Portland Trail Blazers, he said in a statement ...

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