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Paul G. Allen Estate Sells Trail Blazers for $4 Billion

5/13/2025

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Summary

Story summary

The Paul G. Allen Estate is set to sell the NBA's Portland Trail Blazers, a move aligned with Allen's vision of using sports assets for philanthropy. Priced at approximately $4 billion, this sale could pave the way for NBA expansion back to Seattle, while leaving the Seahawks unaffected.

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Story summary

The Paul G. Allen Estate is set to sell the NBA's Portland Trail Blazers, a move aligned with Allen's vision of using sports assets for philanthropy. Priced at approximately $4 billion, this sale could pave the way for NBA expansion back to Seattle, while leaving the Seahawks unaffected.