The franchise will not be moving from Oregon after a sale closed for a total valuation of more than $4 billion.

The Portland Trailblazers have a new owner. A deal was struck late Tuesday for the team to be purchased by Tom Dundon… the owner of the Carolina Hurricanes hockey ...

Tom Dundon, owner of the NHL’s Carolina Hurricanes, is set to purchase the NBA’s Portland Trail Blazers in a $4 billion deal.

An on-court skirmish sparked a trio of ejections during a Connecticut Sun win over the Chicago Sky. Officials issued the ...

Interest in the NBA and WNBA is booming. An investor group led by Tom Dundon has reached an agreement to buy the Portland ...

Tom Dundon, owner of the NHL’s Carolina Hurricanes, has agreed to buy the NBA’s Portland Trail Blazers at a valuation $4.25 ...

Eben Novy-Williams of Sportico reported Wednesday that Carolina Hurricanes owner Tom Dundon has agreed to purchase the ...

Tom Dundon’s reported ownership group features Portland private equity executive Sheel Tyle, whose wife runs the Oregon ...

Paul Allen's estate has agreed to a tentative agreement to sell the Portland Trail Blazers to a group led by Carolina Hurricanes owner Tom Dundon.

A group led by Carolina Hurricanes owner Don Dundon has reached a tentative agreement with Paul Allen’s estate to buy the Trail Blazers and keep the team in Portland. Dundon confirmed the agreement in ...