"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 ... team? And are the Blazers safe from relocation? On the latest episode of Beat Check, The Oregonian/OregonLive’s sports columnist, Bill Oram, dissects the looming sale ...

and neither is for sale." Paul Allen, who had initially bought the Trail Blazers for $70 million in 1988, passed away on October 15, 1988. Team control was subsequently transferred to the executor ...

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

Team ownership announced that they were beginning the process of selling the team. Trail Blazers name NBA vet as new CFO © 2025 American City Business Journals. All ...

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 ...