NBA Approves Portland Trail Blazers Sale to Tom Dundon at $4.25 Billion Valuation
The NBA Board of Governors has officially approved the sale of the Portland Trail Blazers to a group led by Dallas businessman Tom Dundon. The deal, valued at $4.25 billion, ends nearly four decades of ownership by the Allen family, dating back to 1988. Structure of the Two-Part Deal The transaction is structured in two…
