The Seattle Seahawks and Portland Trail Blazers are not for sale and no discussions are currently happening to sell either professional sports franchise. That’s the word from Jody Allen, chair of both teams and trustee of her brother Paul G. Allen’s trust. Allen issued a statement Tuesday saying that her long-term focus is on “building championship teams” — but both will eventually be sold. Paul Allen, the late Microsoft co-founder and billionaire philanthropist who died in October 2018, bought the NBA’s Trail Blazers for $70 million in 1988, and he kept the Seahawks from moving to California in 1997 when he… Read More
A signature piece in late Microsoft co-founder Paul Allen’s vast collection of interests and properties could be headed for sale as a new report names potential buyers and a price tag for the NBA’s Portland Trail Blazers. ESPN reported Thursday that Nike founder Phil Knight and Alan Smolinisky, an entrepreneur and a partial owner of the Los Angeles Dodgers baseball team, have submitted a bid to purchase the Trail Blazers for more than $2 billion. Knight’s deep ties to the region “reflect the prospective ownership group’s desire to keep the team in Portland for the long-term,” ESPN reported, citing anonymous… Read More
A major new player on the sports television landscape could be an MVP for fans of teams in the Pacific Northwest thanks to a deal announced Thursday. fuboTV, a growing live-TV streaming platform with a heavy emphasis on sports, has reached an agreement to stream ROOT Sports, the home of regional game telecasts for the Seattle Mariners, Seattle Kraken and Portland Trail Blazers. The deal will include ROOT’s coverage of more than 300 live regular season games of those teams and gives cable TV cord cutters a way to keep up with the teams and related coverage, especially as the… Read More
