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Chauncey Billups Accepts Offer on Lake Oswego Home as Federal Case Proceeds

Public records confirm the property is under contract during a high-profile federal prosecution.

Overview

  • Redfin shows the Lake Oswego estate listed at $4.275 million with an accepted offer; records indicate Billups bought it in July 2021 for about $3.9 million through an LLC.
  • Billups pleaded not guilty in Brooklyn on November 24 and is due back in court on March 4, 2026, with the judge indicating a trial target beginning around September 2026.
  • He is one of 31 defendants in an alleged mafia-linked scheme to rig illegal poker games using doctored shufflers, marked cards, and x‑ray tables, and prosecutors describe him as a “face card.”
  • The NBA placed Billups on unpaid leave following his October arrest, and the Trail Blazers appointed assistant Tiago Splitter as interim head coach.
  • CNBC reports Tom Dundon is moving to buy the Trail Blazers for more than $4 billion as he sells his Hurricanes stake, and while some reporters read the pending home sale as a signal about Billups’ future, that remains speculative.