{"id":65527,"date":"2025-08-13T16:46:09","date_gmt":"2025-08-13T16:46:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/65527\/"},"modified":"2025-08-13T16:46:09","modified_gmt":"2025-08-13T16:46:09","slug":"portland-trail-blazers-being-sold-to-nhl-owner-for-over-4-billion","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/65527\/","title":{"rendered":"Portland Trail Blazers Being Sold to NHL Owner for Over $4 Billion"},"content":{"rendered":"<p class=\"tagStyle_16dbupz-o_O-style_mxvz7o-o_O-style_12bse5w-o_O-style_6s3kpz\" data-mm-id=\"_7ojbvmcye\">Tom Dundon, the owner of the National Hockey League&#8217;s Carolina Hurricanes, has agreed to purchase the Portland Trail Blazers from the estate of Paul G. Allen for a valuation of over $4 billion, per ESPN&#8217;s Shams Charania.<\/p>\n<p class=\"tagStyle_16dbupz-o_O-style_mxvz7o-o_O-style_12bse5w-o_O-style_6s3kpz\" data-mm-id=\"_0u74g6ts4\">More news: <a class=\"tagStyle_16dbupz-o_O-style_17jhgzo\" href=\"https:\/\/www.si.com\/nba\/trailblazers\/news\/blazers-rumors-insider-provides-update-on-jerami-grant-trade\" rel=\"nofollow noopener\" target=\"_blank\">Blazers Rumors \u2014 Insider Provides Update on Jerami Grant Trade<\/a><\/p>\n<p lang=\"en\" dir=\"ltr\">NHL Carolina Hurricanes owner Tom Dundon has agreed to buy the Portland Trail Blazers from the estate of Paul G. Allen for a valuation of over $4 billion, sources tell ESPN.<\/p>\n<p>\u2014 Shams Charania (@ShamsCharania) <a href=\"https:\/\/twitter.com\/ShamsCharania\/status\/1955665022904078535?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">August 13, 2025<\/a><\/p>\n<p class=\"tagStyle_16dbupz-o_O-style_mxvz7o-o_O-style_12bse5w-o_O-style_6s3kpz\" data-mm-id=\"_vsr3j4z55\">According to <a class=\"tagStyle_16dbupz-o_O-style_17jhgzo\" href=\"https:\/\/www.sportico.com\/business\/team-sales\/2025\/dundon-portland-trail-blazers-sale-paul-allen-1234866910\/\" rel=\"nofollow noopener\" target=\"_blank\">Sportico<\/a>, others in the group include Blue Owl Capital co-president Marc Zahr and Portland-based Sheel Tyle, the co-CEO of Collective Global.<\/p>\n<p class=\"tagStyle_16dbupz-o_O-style_mxvz7o-o_O-style_12bse5w-o_O-style_6s3kpz\" data-mm-id=\"_9xb9ks5y8\">It appears the new ownership has no plans to move the Blazers out of Portland.<\/p>\n<p class=\"tagStyle_16dbupz-o_O-style_mxvz7o-o_O-style_12bse5w-o_O-style_6s3kpz\" data-mm-id=\"_o7zgu4ctc\">According to Sportico, the new group of buyers &#8220;intends to keep the team in Portland.&#8221;<\/p>\n<p class=\"tagStyle_16dbupz-o_O-style_mxvz7o-o_O-style_12bse5w-o_O-style_6s3kpz\" data-mm-id=\"_880a8v7m5\">According to <a class=\"tagStyle_16dbupz-o_O-style_17jhgzo\" href=\"https:\/\/www.oregonlive.com\/sports\/2025\/08\/portland-trail-blazers-to-be-sold-carolina-hurricanes-owner-tom-dundon.html\" rel=\"nofollow noopener\" target=\"_blank\">The Oregonion \/ OregonLive<\/a>: &#8220;A source familiar with the proceedings said the group &#8216;is passionate about basketball and intends to keep the team in Portland, where it belongs.'&#8221;<\/p>\n<p class=\"tagStyle_16dbupz-o_O-style_mxvz7o-o_O-style_12bse5w-o_O-style_6s3kpz\" data-mm-id=\"_xdpu46nlq\">This story will be updated&#8230;<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"Tom Dundon, the owner of the National Hockey League&#8217;s Carolina Hurricanes, has agreed to purchase the Portland Trail&hellip;\n","protected":false},"author":2,"featured_media":65528,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[556],"tags":[64,63,575,85],"class_list":["post-65527","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nhl","tag-au","tag-australia","tag-nhl","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/65527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=65527"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/65527\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/65528"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=65527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=65527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=65527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}