Overview

• Reports indicate the deal values the Trail Blazers at approximately $4.0–$4.25 billion, reflecting a surge in NBA franchise valuations.
• Tom Dundon’s investment group includes Marc Zahr, co-president of Blue Owl Capital, and Portland-based Sheel Tyle, co-CEO of Collective Global.
• Dundon has confirmed the group’s intention to keep the team in Portland and is exploring public–private partnership talks to upgrade the Moda Center.
• The sale follows Paul Allen’s will requiring sports assets to be sold with proceeds directed to philanthropy, a mandate guiding the estate’s process.
• Final closing remains subject to NBA Board of Governors approval and completion of due diligence on transaction terms and timeline.