PORTLAND, Ore. (KPTV) — The Portland Trail Blazers introduced members of their new ownership group at the Moda Center on Thursday.
Tom Dundon and members of his Rip City Rising collective met with the media for the first time Thursday afternoon.
Texas billionaire Dundon and his multi-family ownership group includes Portland-based investor Sheel Tyle and Panda Express co-founder Andrew Cherng.
They are paying $4.25 billion dollars for the franchise and Rip City Management, the operating wing of Moda Center and the Rose Quarter campus.
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