Tom Dundon, the new owner of the Portland Trail Blazers, has stated his focus is on winning rather than developing young talent. Dundon and other investors in the "Rip City Rising" ownership group were approved for the reported $4.25 billion sale of the team by Paul Allen's estate. The Blazers currently sit 39-38 in the Western Conference, a half-game behind the Los Angeles Clippers. The acquisition includes Rip City Remix in the NBA G League and Rip City Management, which operates the Moda Center. Earlier this month, Dundon sold a portion of the NHL’s Carolina Hurricanes to three new minority owners for $332.5 million.