Nike co-founder Phil Knight confirms he’s no longer pursuing purchase of Portland Trail Blazers as team begins formal sale process under Paul Allen’s estate.
PORTLAND, Ore. — Phil Knight, co-founder of Nike, reportedly confirms he is no longer interested in buying the Portland Trail Blazers, following Tuesday’s announcement that the NBA franchise is up for sale.
“Five years ago, when I was a younger man, I had a great interest in being a part of the Portland Trail Blazers franchise,” Knight said in a statement to Mike Vorkunov, an NBA reporter for The Athletic. “However, at my current age, I can confirm that I no longer
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