The NBA has made another big deal, but this time it s not a player, but the team itself
5:37pm, 14 August 2025Basketball
Latest news, the NBA has made another big deal - but this time it is not a player, but the team itself. Famous reporter Shams just revealed that NHL Carolina Hurricanes owner Tom Dungton has negotiated with Paul Allen's legacy and plans to buy the Portland Trail Blazers for more than $4 billion. Then Sportico also added a key detail: Dunton's team clearly stated that it would allow the Trail Blazers to stay in Portland, and the local fans could finally let go of their hearts.
Speaking of which, this Dundon is not a newcomer to the sports circle. In 2018, he spent 425 million US dollars to acquire the NHL Hurricanes. In recent years, he has managed the team very well. Now he has crossed the NBA and has made nearly 10 times more profitable. He is indeed ambition. Moreover, this acquisition was not a solo fight. In the consortium, there are also Mark Zar, the co-president of Blue Owl Capital, and Sher Taylor, the co-CEO of Collective Global, who are both well-known figures in the business world, and this lineup looks quite stable.
Interestingly, the Trail Blazers have just welcomed a new face familiar to Chinese fans. At this year's draft, Yang Hansen was quickly traded to the Trail Blazers after being selected by the Grizzlies with the 16th pick in the first round. Now that the team has changed its new boss, there may be new adjustments in funds and operational ideas, which often means more opportunities for young players. I wonder if this 20-year-old Chinese star will gain a foothold in the NBA sooner with the support of his new boss?
In short, the acquisition of $4 billion and the joining of potential newcomers, the next story of the Trail Blazers is worth looking forward to.
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