The Trail Blazers’ rebuild has progressed well over the past few years. Portland’s title hopes hinge on this working out, especially with a new Blazers owner looking to win.<\/p>\n
Billionaire Tom Dundon and a group of investors have an agreement to buy the Portland Trail Blazers.<\/a> The franchise has been in limbo since former owner Paul Allen died in 2018. Since then, Paul’s sister, Jody, took over the Trail Blazers. She and the trust have been facilitating the sale of the franchise per Paul’s will.<\/p>\n Now, Dundon and his group of investors have stepped in as the favorites. He has owned the NHL’s Carolina Hurricanes since 2018 and has been the sole owner since 2021. This is a huge step for the team, as the reported sale could reach up to $4 billion<\/a>.<\/p>\n General Manager Joe Cronin and Head Coach Chauncey Billups have led the team to a promising future. With Dundon at the helm rather than Jody Allen, the Blazers could unlock their potential.<\/p>\n Dundon hails from Texas, but he has run the Hurricanes like a well-oiled machine since 2018. The team is in a small market, just like the Blazers, which has always been an issue for Portland. Dundon’s potential ownership could also eliminate concerns about the franchise relocating from Rip City.<\/p>\n Back in 2018, NHL commissioner Gary Bettman dispelled any rumors of the Hurricanes moving. In that case, Portland should be glad that Dundon is leading the charge for new ownership. He has a good track record for keeping the team in its city and leading them to success.<\/p>\n This is Tom Dundon doing a 10-minute interview with a local reporter in Raleigh 11 days after he purchased majority stake in the Hurricanes<\/p>\n He immediately starts talking about how losing sucks and improving fan experience was his first priority<\/p>\n Two very encouraging signs pic.twitter.com\/IL2agEeQKt<\/a><\/p>\n — Blazers Lead (@BlazersLead) August 14, 2025<\/a><\/p><\/blockquote>\nThe Prospective Blazers Owner Has A Good Track Record<\/h3>\n
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