Tom Dundon Says His Group Can Buy Blazers Without Panda Express Founders’ Backing

Texas businessman Tom Dundon, who is leading a group that wants to purchase the Portland Trail Blazers, on Tuesday said in a court filing that he expects to be able to purchase the NBA franchise without receiving financial backing from the founders of Panda Express. Tom Dundon, Investment Group Purchased Blazers For $4.25 Billion In […]

James Foglio  •  10 Oct 2025
New Lawsuit Could Interfere With Trail Blazers Sale

A new lawsuit could disrupt the sale of the Portland Trail Blazers to a group of investors led by Texas businessman Tom Dundon, according to a report published by Law360. The lawsuit, filed Monday by RAJ Sports Holding LLC in Delaware, seeks to prevent the founders of Panda Express from joining Dundon’s investment group to […]

James Foglio  •  24 Sep 2025
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