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 ...

Paul Allen's estate took control of the Trail Blazers in 2018 when the billionaire died, and there has been speculation about ownership plans since.

The estate of late Portland Trail Blazers owner Paul Allen has formally put the team up for sale with the proceeds going to philanthropic endeavors, the team announced Tuesday. Allen died from cancer ...

The Paul G. Allen Trust, which also owns the Seahawks, mandates that the team be sold in the future. A spokesman for Allen's company, Vulcan LLC, said that sale is likely to come within 10 to 20 ...

Nike co-founder Phil Knight said Wednesday he is not interested in buying the Portland Trail Blazers, who are up for sale. Paul Allen’s estate said Tuesday it has begun the process of finding a new ...

Allen, the billionaire co-founder of Microsoft, died in 2018 at age 65 from complications of non-Hodgkin lymphoma. Since then, his sister, Jody Allen, has served as chair of the Trail Blazers and ...

The Portland Trail Blazers announced this week the basketball team owned by the trust of the late Paul Allen is for sale. “The estate of Paul G. Allen today announced it has commenced a formal ...