Carolina Hurricanes owner Tom Dundon has a tentative deal to buy the Trail Blazers, with plans to keep the team in Portland.
PORTLAND, Ore. — Tom Dundon, owner of the NHL’s Carolina Hurricanes, has a tentative deal to purchase the Portland Trail Blazers from the estate of Paul Allen, according to multiple reports.
Sportico’s Scott Soshnick and Eben Novy-Williams first reported the agreement, later confirmed by ESPN’s Shams Charania, who reported the sale price is for more than $4 billion.
The buying group also includes Marc Zahr, co-president of Blue Owl Capital, and Portland-based Sheel Tyle, co-CEO of Collective Global, according to Sportico.
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