The Portland Path Blazers hope to shut the $4.25 billion sale of the franchise to Tom Dundon by March 31, 2026, shortly earlier than the tip of the 2025-26 NBA common season. Dundon, who additionally owns the NHL’s Carolina Hurricanes, is anticipated to convey a “new vibe” to the Blazers.
“He brings a swagger,” a supply near Dundon instructed The Athletic. “If Tom was the proprietor final yr, he would have been making an attempt to get Luka (Doncic). He can be like, ‘Why ought to the Lakers have him?’’’
Dundon and the property of Paul Allen have agreed upon all the most important factors of the sale and are at present in an exclusivity settlement. The Blazers will stay in Oregon although the way forward for Mona Middle is unclear.
Dundon helped turnaround the Hurricanes, who had missed the playoffs in 9 straight seasons when he bought the crew. Carolina has now made the playoffs in all seven seasons since he took over.
“He’s a winner,” the supply stated. “He’s a straight shooter, and rolls up his sleeves and will get to work. He’s already speaking basketball, and he already is aware of all of the salaries of gamers and staff. He’s actually invested within the gamers — he says you possibly can’t compromise on gamers.”
