Portland Trail Blazers are for sale
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NBA Draft Lottery occurred on Monday, determining the official order of the draft in June and where the Portland Trail Blazers will be picking.
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.
Sen. Ron Wyden, an ardent fan of the Portland Trail Blazers, is taking proactive steps to sell the deep support Rip City has for the Blazers and that the team should remain in Portland. On Tuesday, the Paul Allen estate announced that the Blazers were up for sale, seven years after Allen died in 2018 at age 65.
Portland Trail Blazers for sale: Paul Allen's estate to sell team and donate all proceeds to charity
"The estate of Paul G. Allen today announced it has commenced a formal sales process for the Portland Trail Blazers NBA franchise, consistent with Allen's directive to eventually sell his sports holdings and direct all estate proceeds to philanthropy.
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Yardbarker on MSNPhil Knight reveals whether he still wants to buy NBA teamNike founder Phil Knight was very interested in purchasing the Portland Trail Blazers three years ago. Now that the franchise is actually for sale, he has changed his mind.
The Portland Trail Blazers announced Tuesday the estate of late owner Paul Allen "commenced a formal sales process" for the franchise.
The Portland Trail Blazers are entering a crucial offseason following a successful regular season. While the Trail Blazers didn't make the playoffs, they did sh