But plenty of other billionaires — or groups capable of assembling a 10-figure war chest — could purchase the Portland Trail ...

In alignment with the late Paul Allen’s directive, all proceeds from the sale of the Portland Trail Blazers will go to philanthropic endeavors.

PORTLAND, Ore. -- Nike co-founder Phil Knight said Wednesday that he is not interested in buying the Portland Trail Blazers, who are up for sale.

"The estate of Paul G. Allen today announced it has commenced a formal sales process for the Portland Trail Blazers NBA franchise, consistent with Allen's directive to eventually sell his sports ...

Nike co-founder Phil Knight is no longer interested in purchasing the Portland Trail Blazers, he said in a statement Wednesday. “Five years ago, when I was a younger man, I had a great interest ...

Nike co-founder Phil Knight has pulled himself out of the running for the purchase of the Portland Trail Blazers, which was recently valued by Forbes at $3.5 billion. On Tuesday, the estate of ...

Nike co-founder and Oregon sports superfan ... Even Allen hailed from Seattle, although he was a frequent Oregon visitor. FILE - Trail Blazers fans gather in front of the Moda Center to watch ...

Nike co-founder Phil Knight will not make a bid to buy the Portland Trail Blazers, the 87-year-old said in a statement shared Wednesday by The Athletic's Mike Vorkunov. “Five years ago ...

Despite making efforts in the past to buy the Trail Blazers, Nike co-founder Phil Knight said on Wednesday that he won’t be involved in the bidding process now that the franchise is formally up ...

PORTLAND, Ore. (KOIN) – The Portland Trail Blazers are up for sale, but Nike co-founder Phil Knight says he’s not buying. When Paul Allen’s estate announced Tuesday that it had begun the ...

Nike co-founder Phil Knight said Wednesday he is not interested in buying the Portland Trail Blazers following the announcement that the team is up for sale Cooper Flagg is expected to go No. 1 to ...