Phil Knight, Dodgers Co-Owner Bid Over $2 Billion to Buy Trailblazers
Written by SOURCE on June 2, 2022
Phil Knight’s love for his home of Oregon runs deep, and now the Nike founder, along with Dodgers co-owner Alan Smolinisky have made a bid for over $2 billion to purchase the Portland Trailblazers, ESPN’s Adrian Wojnarowski reports.
“Nike founder Phil Knight and Dodgers co-owner Alan Smolinisky have made a $2 billion-plus written offer to purchase the Portland Trail Blazers, sources tell ESPN,” Woj tweeted. “Discussions are ongoing with the Paul Allen trust that’s overseeing ownership of team. Story soon.”
Woj also cites that Knight’s ownership would be in efforts to keep the franchise in Portland and help it grow.
This story is being updated.
