Mon, March 30, 2026 at 8:59 PM UTC
The NBA announced on Monday that it’s approved the sale of the Portland Trail Blazers to a group led by Carolina Hurricanes owner Tom Dundon.
Per the league, the sale is expected to close this week. Dundon will serve as the team’s governor.
Dundon reached an agreement to purchase the team from the estate of late owner Paul Allen in August. Per multiple reports, that team is being sold at a $4.25 billion valuation.
This story will be updated.