Tom Dundon’s Trail Blazers Takeover: What This Shocking Deal Means for the Future of the Team

It looks like the winds of change are blowing through Portland, as the Trail Blazers franchise is on the brink of a monumental sale. At the helm of this acquisition is none other than Tom Dundon, the mastermind behind the Carolina Hurricanes’ recent success story. The transaction? Expected to skyrocket past the $4 billion mark — a hefty price that’ll make Dundon the proud owner of his second pro sports team. Having taken the reins of the Hurricanes in 2018 after buying in a year earlier, Dundon’s track record speaks volumes. With Portland’s valuation pegged at $3.65 billion by CNBC’s latest NBA team report, this deal isn’t just a transfer of ownership; it’s a seismic shift in the sports landscape that has me genuinely intrigued. Here’s to seeing where this fresh chapter leads. LEARN MORE.

The Portland Trail Blazers franchise will be sold to a group led by Carolina Hurricanes owner Tom Dundon. 

The price of the sail is expected to exceed $4 billion, as Dundon will own his second professional sports team. 

Dundon admitted last month that he’s “very excited” about the sale. 

The Trail Blazers’ valuation is listed at $3.65 billion according to CNBC’s latest Official NBA Team Valuations.

Dundon purchased a stake in the Hurricanes in 2017 and became the team’s majority owner in 2018, as the franchise has seen unparalleled success since his arrival.