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Blazers Reportedly Sold For $4B-Plus Valuation to Tom Dundon, Team to Stay in Portland
ESPN's Shams Charania reported Wednesday that Tom Dundon, who is the owner of the NHL's Carolina Hurricanes, is part of a group that agreed to purchase the Trail Blazers from Paul Allen's estate at a valuation of more than $4 billion.
The Trail Blazers, who have been up for sale since May, reportedly have a buyer in place. Read more at Hoops Rumors.
3don MSN
Trail Blazers buyer seeks more local investors, and Columbia Sportswear’s Tim Boyle is interested
Carolina Hurricanes owner Tom Dundon heads a group that has reached a deal to buy Portland’s beloved NBA franchise. But it ...
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