Phil Knight Offers To Buy Trail Blazers, Team Says Not For Sale
PORTLAND, Ore. — ESPN is reporting that Nike founder Phil Knight along with one of the owners of the Los Angeles Dodgers has made a $2 Billion offer to buy the Portland Trail Blazers.
Nike founder Phil Knight and Dodgers co-owner Alan Smolinisky have made a $2 billion-plus written offer to purchase the Portland Trail Blazers, sources tell ESPN. Discussions are ongoing with the Paul Allen trust that’s overseeing ownership of team. Story soon.
— Adrian Wojnarowski (@wojespn) June 2, 2022
Late Thursday afternoon, Adrian Wojnarowski reported the team is not for sale.
Blazers statement: An offer was made by Phil Knight. The team remains not for sale.
— Adrian Wojnarowski (@wojespn) June 2, 2022
John Canzano with 750 The Game says there is more to it.
Trail Blazers braintrust wants $3B, per a source. I’m sure every NBA owner would love that. Franchise may try to negotiate $2B+… that’s within its right… but who is going to bid against Phil Knight?
This should be done.
Column: https://t.co/h4s9XmObGK
— John Canzano (@johncanzanobft) June 2, 2022