{"id":65628,"date":"2025-08-13T17:39:07","date_gmt":"2025-08-13T17:39:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/65628\/"},"modified":"2025-08-13T17:39:07","modified_gmt":"2025-08-13T17:39:07","slug":"nbas-trail-blazers-reach-agreement-to-sell-to-nhls-hurricanes-owner-tom-dundon-sources","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/65628\/","title":{"rendered":"NBA\u2019s Trail Blazers reach agreement to sell to NHL\u2019s Hurricanes owner Tom Dundon: Sources"},"content":{"rendered":"

Billionaire financier Tom Dundon and a group of investors have an agreement to buy the Portland Trail Blazers, multiple sources briefed on the deal confirmed. Dundon is also the owner of the NHL\u2019s Carolina Hurricanes.<\/p>\n

The group led by Dundon will also include Sheel Tyle, the co-CEO of Collective Global.<\/p>\n

Sportico was the first to report the deal.<\/p>\n

The sale is not yet finalized. A spokesperson for the Allen family, which currently owns the franchise, declined to comment. The Blazers are a part of the Paul Allen estate.<\/p>\n

Allen, the wealthy Microsoft co-founder, left his properties in a trust when he died in 2018 with directions for them to be sold off slowly. Jody Allen, his sister, has run the team since then.<\/p>\n

The trust announced in May that it was selling the team<\/a> and estimated initially that the process would go into the 2025-26 season.<\/p>\n

The NBA\u2019s board of governors must still approve the sale.<\/p>\n

This story will be updated.<\/p>\n

(Photo: Ron Chenoy \/ Imagn Images)<\/p>\n

\"Connections:\"Connections:<\/p>\n

Aug 13, 2025<\/p>\n

Connections: Sports Edition<\/p>\n

Spot the pattern. Connect the terms<\/p>\n

Find the hidden link between sports terms<\/p>\n

Play today’s puzzle<\/p>\n","protected":false},"excerpt":{"rendered":"Billionaire financier Tom Dundon and a group of investors have an agreement to buy the Portland Trail Blazers,…\n","protected":false},"author":2,"featured_media":65629,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[556],"tags":[64,63,3615,590,575,4621,85,3276],"class_list":["post-65628","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nhl","tag-au","tag-australia","tag-carolina-hurricanes","tag-nba","tag-nhl","tag-portland-trail-blazers","tag-sports","tag-sports-business"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/65628","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=65628"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/65628\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/65629"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=65628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=65628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=65628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}