Nike’s iconic founder may soon be the owner of the Portland Trail Blazers. Nike's Phil Knight and Los Angeles Dodgers co-owner Alan Smolinsky have placed an offer to purchase the Trail Blazers ...

Nike co-founder Phil Knight and Dodgers co-owner Alan Smolinisky have offered, in writing, more than $2 billion for the Portland Trail Blazers NBA franchise according to multiple reports.

Blazers statement: An offer was made by Phil Knight. The team remains not for sale. On the heels of that reporting a week ago, word broke on Thursday from ESPN’s Adrian Wojnarowski that Nike ...

Knight, formerly the chairman and CEO of Nike, is now the chairman emeritus of the company at age 87. A native of Portland, he has an estimated net worth of over $30 billion, per Forbes .

Nike co-founder Phil Knight said Wednesday that he is not interested in buying the Portland Trail Blazers, who are up for sale. Paul Allen’s estate said Tuesday that it has begun the process of ...