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Story summary
- The NBA Board of Governors unanimously approved the Blazers' sale to a group led by Tom Dundon, owner of the NHL's Carolina Hurricanes.
- The sale will close in two parts, with the first closing on March 31, 2026, and the second by September 1, 2028.
- The sale price is $4.25 billion.
- Paul Allen's estate put the team up for sale in May 2025 after his death in 2018.
- Jody Allen currently holds control of the team.
