"The estate of Paul G. Allen today announced it has commenced a formal sales process for the Portland Trail Blazers NBA franchise, consistent with Allen's directive to eventually sell his sports ...

Since then, the team has been operated by the family’s estate. Before his death, Allen directed proceeds from an eventual sale to go to philanthropy, according to the Trail Blazers. Allen’s ...

The estate of late Portland Trail Blazers owner Paul Allen has formally put the team up for sale with the proceeds going to philanthropic endeavors, the team announced Tuesday.

When Portland Trail Blazers owner Paul Allen died in 2018 from complications related to non-Hodgkin’s lymphoma, it was matter of when, not if, his beloved professional sports team would be sold. Seven ...

The inevitable sale of the Portland Trail Blazers is expected to attract many potential buyers seeking to secure one of the ...

It is very likely the potential sale of the Blazers pushes back ... through the process of selling the Portland Trail Blazers. Once all of the 30 teams are situated, that is when expansion will ...

The Portland Trail Blazers are set to start a formal sales process on Tuesday. ESPN's Shams Charania was the first to report. A general view of the Portland Trail Blazers logo at Moda Center on ...

In alignment with the late Paul Allen’s directive, all proceeds from the sale of the team will go to philanthropic endeavors. Anne Peterson -- Associated Press The Blazers finished 36-46 this ...

"If I was a Trail Blazers fan, I know it's a concern, but I wouldn't be particularly worried about this team packing up and moving." Potentially unique to this sale, Novy-Williams said that when ...