Short answer: yes, eventually. But not at this time.<\/p>\n
The statement released by the estate clarified that the Seahawks and its 25% stake in the Seattle Sounders will not be part of this sale. And the Blazers being put up for sale doesn\u2019t mean a move with the Seahawks or Sounders is imminent.<\/p>\n
But eventually they will be sold, and the proceeds of those sales will go toward philanthropic efforts, which was always part of the plan with Allen\u2019s sports holdings.<\/p>\n
The sale is instead interesting for two other reasons, both relevant to Seattle fans.<\/p>\n
\u2022 First, we get more insight into which billionaires are pushing for sports ownership. Nike co-founder Phil Knight was a front runner and had already made a previous attempt to bid on the Blazers, but in a statement Wednesday pulled his name from speculation<\/a>.<\/p>\n \u201cFive years ago, when I was a younger man, I had great interest in being a part of the Portland Trail Blazers franchise,\u201d the 87-year-old Knight said in a statement per The Athletic<\/a>. \u201cHowever, at my current age, I can confirm that I no longer have interest.\u201d<\/p>\n There were conflicting reports that Amazon founder Jeff Bezos was reportedly a finalist in the recent purchase of the Boston Celtics. Might he bid on the Blazers, or, eventually, the Seahawks?<\/p>\n \u2022 Secondly, this is really more important short-term for NBA expansion. Seattle fans are desperate for a team, and the league has been breadcrumbing them for years, such as Tuesday with commissioner Adam Silver saying that he expects owners would discuss expansion in July at the Board of Governors meeting. Silver had made it clear that expansion conversations were previously taking a backseat to a new media rights deal (now secured), a reworked CBA (done), and the sale of the Celtics (now sold).<\/p>\n Finally! Real expansion talks will be underway. No more pesky Boston Celtics sale to delay that timeline \u2014 something Silver had very publicly made clear.<\/p>\n But wait\u2026 oh no\u2026<\/p>\n Here comes another franchise for sale.<\/p>\n And another excuse for Silver and the league.<\/p>\n More: Sonics expansion could be hindered by Trail Blazers sale<\/a><\/p>\n We\u2019re going to guess this leapfrogs expansion once again and becomes one of the league\u2019s top priorities. Does it mean expansion can\u2019t be a topic for July\u2019s meeting? Of course not. But there\u2019s very clear trepidation on the part of the league\u2019s owners to expand (turns out billionaires don\u2019t love sharing the pot) and a very clear \u201ctriage unit\u201d of topics for the NBA. Regrettably, expansion still feels at the bottom of the list.<\/p>\n What you\u2019re watching for now: updates. As many updates as possible about that July meeting, with the hope that formal expansion talks are positive, talked about by Silver (also important), and moving forward.<\/p>\n Tuesday: NBA commish drops another hint about expansion talks<\/a><\/p>\n
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