Chauncey Billups’ Portland-Area Home Under Contract as Blazers Near Ownership Shift

Overview

• A Redfin listing shows an accepted offer on Billups’ Lake Oswego property, which was listed at $4.275 million after he purchased it for $3.9 million in 2021.
• Billups remains on unpaid leave following his October 23 arrest and pleaded not guilty in Brooklyn on November 24, with a March 4, 2026 court date and a judge-targeted September 2026 trial.
• Prosecutors allege a rigged, mafia-linked poker operation involving altered shufflers, marked cards, and x‑ray tables, with Billups among 31 defendants and facing up to 20 years on each of two counts if convicted.
• Tiago Splitter continues as interim head coach, and reporting indicates Portland could weigh his results as part of any coaching decision once ownership is settled.
• CNBC reporting indicates Tom Dundon is moving to sell his Carolina Hurricanes stake at a $2 billion valuation as he readies a Blazers purchase reported at more than $4 billion.