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Blazers Begin Formal Process Of Selling Team

Blazers Begin Formal Process Of Selling Team

The Portland Trail Blazers will be put up for sale by the estate of Paul G. Allen. Allen & Co and law firm Hogan Lovells will lead the sale process. The Boston Celtics recently sold at a $6.1 billion valuation.

The franchise has been run by Allen’s sister, Jody Allen, since he passed away in 2018.

The Blazers recently signed Joe Cronin and Chauncey Billups to contract extensions.

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May 13, 2025 | 1:30 pm

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