The Portland Trail Blazers have found a new ownership group led by Tom Dundon, a businessman with diverse investments in sports and entertainment who has committed to keeping the team in Portland. The Paul Allen estate has reached a tentative agreement with Dundon and a group of investors in a deal reportedly exceeding $4 billion.

Damian Lillard is bringing “Dame Time” back to Portland. Multiple reports say he signed a three-year, $42 million deal with the Trail Blazers. Combined with the money he is still set to receive from the Milwaukee Bucks,

The Portland Trail Blazers seem likely to stay in Portland after the announced sale of the franchise. Jody Allen finally sold the Trail Blazers to new owner Tom Dundon, owner of the Carolina Hurricanes, at a $4 billion-plus valuation.

Carolina Hurricanes owner Tom Dundon heads a group that has reached a deal to buy Portland’s beloved NBA franchise. But it appears the group is still growing. Dundon’s business partners have been in contact with prominent Oregonians about investing in the days leading up to Wednesday’s announcement — including Columbia Sportswear CEO Tim Boyle,

The Portland Trail Blazers' 2025-26 schedule includes eight nationally televised games, including six primetime games on KGW/NBC.

According to ESPN, the Blazers are one of ten teams that could have some major cap space in the 2026 offseason. That means they could go on a spending spree. With Lillard returning to the lineup, Portland could spend a lot of money to try to give him one last run at a championship, which is the biggest hole in his basketball resume.