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.

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

"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 ...

The estate of Paul G. Allen on Tuesday announced plans to sell the Portland Trail Blazers franchise. Natalie King, Blazers senior vice president of communications and public affairs, sent an email ...

When the beloved Paul Allen passed away in 2018, one of his final wishes was for all of his assets - including the Seattle Seahawks and the Portland Trail Blazers - to be sold off, with the ...

The Portland Trail Blazers are for sale. The estate of former owner Paul Allen announced Tuesday that it has begun a process to sell the franchise that is expected to bleed into the 2025-26 season.

Jody Allen reportedly rebuffed an offer to buy the Trail Blazers from Nike co-founder Phil Knight for more than $2 billion in 2022. At that time, there were no ongoing discussions about the sale ...

But plenty of other billionaires — or groups capable of assembling a 10-figure war chest — could purchase the Portland Trail ...

In alignment with the late Paul Allen’s directive, all proceeds from the sale of the Portland Trail Blazers will go to philanthropic endeavors.

The Portland Trail Blazers are about to go on the market. On Tuesday, ESPN's Shams Charania reported that the estate of Paul G. Allen is set to begin the formal sales process for the Trail Blazers.