current location:HOME > Sports News > Tennis Life > Text content

Nike founder Phil Knight makes $2-billion offer to buy Blazers / News - Basketnews.com

nqajqrqw7months ago (05-17)Tennis Life104
Credit: Jaime Valdez-USA TODAY Sports Credit Jaime Valdez-USA TODAY Sports

Nike founder Phil Knight and Los Angeles Dodgers co-owner Alan Smolinisky made a $2 billion-plus offer to buy the Portland Trail Blazers, ESPN and the New York Times reported Thursday. Discussions are said to be ongoing.

3-pointers this season

Portland Trail Blazers35%12,7NBAPoints made:12,7Accuracy:34,6%Place in standings:13Record max:21Record min:3Most made 3FGs:Anfernee SimonsTeamNBAStatisticsSchedule

The Trail Blazers are currently owned by the Paul G. Allen Trust. Allen, who purchased the NBA franchise in 1988, died in 2018.

Knight, 84, is a Portland native and longtime supporter of University of Oregon athletics.

Smolinisky, 42, became a part owner of the Dodgers in 2019 along with partners Magic Johnson, Mark Walter, Peter Guber, Stan Kasten, Billie Jean King, and others. He is a California-based real estate mogul who started his fortune by providing housing around the University of Southern California.

He and his ownership group purchased the Dodgers, a marquee Major League Baseball franchise, in 2019.

Reports indicate that Knight being involved reaffirms the intent to keep the Trail Blazers in Portland.

Thank you for reading us! We have even more content for you.
Share with friends:

“Nike founder Phil Knight makes $2-billion offer to buy Blazers / News - Basketnews.com” ofrelated articles

J.B. Bickerstaff reacts to rumors about his future with Cavaliers / News - Basketnews.com

J.B. Bickerstaff reacts to rumors about his future with Cavaliers / News - Basketnews.com

After their playoff exit, Cleveland Cavaliers coach J.B. Bickerstaff said that he hasn't heard anything official regarding his future with the team....

Joe Mazulla speaks highly of Sam Cassell / News - Basketnews.com

Joe Mazulla speaks highly of Sam Cassell / News - Basketnews.com

Boston Celitcs coach Joe Mazulla highlighted the strengths of assistant coach Sam Cassell, who is being considered for the Los Angeles Lakers head coa...

DeMar DeRozan wants to stay with Chicago Bulls / News - Basketnews.com

DeMar DeRozan wants to stay with Chicago Bulls / News - Basketnews.com

DeMar DeRozan expresses a desire to finish unfinished business with the Chicago Bulls....

Facundo Campazzo named Spanish league MVP / News - Basketnews.com

Facundo Campazzo named Spanish league MVP / News - Basketnews.com

Real Madrid's Facundo Campazzo has been chosen by fans, players, coaches and the press as the season MVP in the Spanish league, after also having been...

Stan Van Gundy defends Thibodeau's rotation: 'Everybody plays big minutes in the playoffs' / News - Basketnews.com

Stan Van Gundy defends Thibodeau's rotation: 'Everybody plays big minutes in the playoffs' / News - Basketnews.com

Stan Van Gundy doesn't think Tom Thibodeau is wearing Knicks' players out....

Nikola Jokic passes Shaq on list of most playoff assists by center / News - Basketnews.com

Nikola Jokic passes Shaq on list of most playoff assists by center / News - Basketnews.com

Nikola Jokic moved up to 4th on the list of most assists made by a center in the playoffs, overtaking Shaquille O'Neal....