Tom Dundon, the owner of Carolina Hurricanes in NHL, has an agreement to purchase Portland Trail Blazers For nearly $ 4 billion in the property of the late Paul J. Allen, according to the sources that spoke to ESPN. In addition, Dundon said he does not intend to transfer the team.
Among the others participating in the Dundon Mark Mark Zahr, the founder of Global Collection Global and Co-COO Sheel Tyle. The sources said that the Delhdoun Royal Group plans to discuss the public/private square partnership deal with Portland and the state of Oregon.
In an email, Dundon wrote, “We are excited.” The ownership of Allen refused to comment When calling it by SPORTICO.
Tom Dundon has long participated in the ownership of sports franchise. In 2017, he first expressed interest in obtaining Hurricane Carolina in NHL from the owner of Peter Carmanus Junior on January 11, 2018, Dundon bought a 52 % royal share in hurricanes from Karmanos, as well as operating rights in PNC Arena for $ 425 million. After three years, he acquired all the remaining minorities in the concession, making him the only hurricane.
Paul J. Allen, the former owner of The Trail Blazers, to fame as a co -founder of Microsoft alongside Billionaire Tech Icon Bill Gates. In 1988, Allen Portland Trail Blazers bought $ 70 million from California Real Estate developer Larry Winberg. Allen, the owner of the team, remained until his death, when the property was transferred to his property.
Last May, Allen’s ownership officially put the team for sale with the intention of donating all revenues for charitable reasons. Allen, who passed away in 2018, wrote in his will that he wanted to sell the concession “at some point”.
Trail Blazers was not as good as it was since Paul Allen died one day before the start of the 2018-19 season. Since then, Portland has accumulated only 247 wins in the normal season, which is the eighth worst mark in the American Professional League over the past seven years.
The opposite was true for Hurricane Carolina under Tom Dundon. Since the 2018-2019 season, hurricanes have achieved the second largest regular season in NHL only Tampa Bay Lightning. They also have the sixth largest league victory during that period (47).
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