The historic grassland for which the Blazers have been sold in the NBA

The NBA is a business. That's something everyone knows. It doesn't have the rooted sports culture of other competitions, but that's how things work in the United States, and they're not going to change. That's why it's so normal to trade players who have been legends, let them go in free agency, or buy franchises in the league when you want to keep making more money as a billionaire. This is the case with Tom Dundon and the Portland Trail Blazers.

The owner of the NHL's Carolina Hurricanes and president and managing partner of Dallas-based Dundon Capital Partners has acquired ownership of the Blazers in the NBA for a price of over 4 billion dollars. A hefty sum for a franchise like the one in Oregon (which recently re-signed Damian Lillard in the 2025 Free Agency).

Dundon has reached an agreement to purchase the Portland Trail Blazers from the estate of Paul G. Allen, who passed away in 2018. The deal, which still needs final approval from the league, solidifies the upward trend in the value of NBA franchises and confirms the growing interest from investors in other North American competitions as well.

Since the passing of Paul Allen, Microsoft co-founder and one of the most influential owners in recent American sports history, his sister Jody Allen has managed the family estate and, by extension, the franchise. For years, Jody insisted that there were no immediate plans to sell, but the process officially began in May 2025 when the organization started talks with potential buyers.

The chosen one, Tom Dundon, is not a stranger to professional sports, as mentioned before. The owner of the NHL's Carolina Hurricanes, Dundon has gained a reputation for his ability to revitalize sports projects. His entry into the NBA represents this type of challenge: turning the Blazers into a competitive and financially solid franchise in a medium-sized market, capable of contending for the championship ring.

The change in ownership in Portland comes amid intense activity of this nature in the NBA. In recent months, there have been significant deals like the sale of the Dallas Mavericks, Boston Celtics, and Los Angeles Lakers, all with record valuations. For the Blazers, who have not reached the final playoff rounds in years, the change could mean a revitalizing boost.

Dundon inherits a young roster, with emerging stars like Deni Avdija, Donovan Clingan, Toumani Camara, or Scoot Henderson, and established veterans in the NBA such as Jrue Holiday, Damian Lillard, or Jerami Grant.

This news is an automatic translation. You can read the original news, El histórico pastizal por el que se han vendido los Blazers en la NBA