NHL Carolina Hurricanes owner Tom Dundon officially takes over Portland Trail Blazers franchise

Tom Dundon, owner of the NHL's Carolina Hurricanes, has finalized the purchase of the NBA's Portland Trail Blazers for an estimated $4.25 billion. The deal, fulfilling Paul Allen's will, includes investors like Marc Zahr and the Cherng Family Trust. While subject to NBA approval, the group intends to keep the team in Portland.

NHL Carolina Hurricanes owner Tom Dundon officially takes over Portland Trail Blazers franchise
Tom Dundon, owner of the NHL's Carolina Hurricanes, has finalized the purchase of the NBA's Portland Trail Blazers for an estimated $4.25 billion. The deal, fulfilling Paul Allen's will, includes investors like Marc Zahr and the Cherng Family Trust. While subject to NBA approval, the group intends to keep the team in Portland.