Trail Blazers Sale Approved by NBA After Tom Dundon's Group Reportedly Buys Team At $4.25B Valuation
By Adam Wells
Published on March 30, 2026.
The NBA has approved the sale of the Portland Trail Blazers to a group led by Tom Dundon, who reportedly purchased the team at a valuation of $4.25 billion. The sale was approved six months after the death of Paul Allen, who had entered into a formal agreement to sell the team. The board of governors voted to approve the sale.
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