Another team buy out was done. The Portland Blazers was bought by Tom Dundon for around $4B!
Will there be a change on how it's managed? but it's said that the Tom's group would like to keep it there, so there were part of the talk or rumor that they want to pull out Blazers out of Portland during this deal but it didn't happen.
Will there be a change on how it's managed? but it's said that the Tom's group would like to keep it there, so there were part of the talk or rumor that they want to pull out Blazers out of Portland during this deal but it didn't happen.
It has been interesting watching all these owners have to flip their teams to wealthier people as costs become quite a heavy cross to bear. I never thought I’d see billionaires being priced out of team ownership. A sign of the times I guess. Valuable things are getting too valuable to be owned by individuals.
Well that's how business flows in NBA. The future of Blazers became uncertain and it will be handled good if there's new owner would step up then this situation happen.
But hopefully with this new developments happened we could see some great changes on their team. Especially it will be good if the new owner would set a winning mentality and support well their team.
So will see what will be the new things will happen since as of this moment Portland became an exciting team to watch especially with their new players added in their team.