Paul Allen Estate Formally Agrees To Sell Trail Blazers To Tom Dundon

Paul Allen’s estate has formally reached an agreement to sell the Portland Trail Blazers to a group of investors led by Carolina Hurricanes owner Tom Dundon, The Associated Press reported Friday. Tom Dundon, Investment Group Bought Blazers For $4.25 Billion Dundon announced a tentative deal last month to buy the team and keep it in […]

James Foglio  •  13 Sep 2025
Trail Blazers New Ownership Hopes To Close Sale By April 2026

Tom Dundon, the owner of the NHL’s Carolina Hurricanes, and his investment group last week agreed to purchase the Portland Trail Blazers from the estate of Paul G. Allen for a valuation of just more than $4 billion. New Trail Blazers Ownership Expects Deal To Close On March 31, 2026 Dundon and members of his […]

James Foglio  •  21 Aug 2025