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Podcast: The Best of the Sports Shop
Episode: Carolina Hurricanes Owner Tom Dundon To Buy Portland Trail Blazers For $4B
Description: Reese, Kmac, Pam and Alex discuss Tom Dundon buying the Portland Trail Blazers.
Tom Dundon, owner of the NHL's Carolina Hurricanes, has reached a tentative agreement to purchase the Portland Trail Blazers from the estate of the late Paul Allen. The reported deal is valued at around $4B and includes additional investors such as Sheel Tyle, a Portland-based entrepreneur, and Marc Zahr, co-president of Blue Owl Capital. Dundon confirmed the agreement to the Associated Press, and the deal now awaits approval from the NBA Board of Governors. Crucially, Dundon's group plans to keep the franchise in Portland...