The NBA has grown worldwide to such an extent that franchise valuations have skyrocketed. That is what became a problem The post Portland Trail Blazers Selling For $4 Billion Leaves Basketball Fans Confused: “Seems So Low After the Lakers Sale.

Carolina Hurricanes owner Tom Dundon has reached a deal to purchase the Portland Trail Blazers from the estate of Paul Allen.

Tom Dundon, the owner of the Carolina Hurricanes, has reached an agreement to purchase the NBA’s Portland Trail Blazers, according to multiple reports. Sportico first reported the deal. The Blazers are owned by Paul Allen’s estate and the plan is to keep the team in Portland,