Portland Trail Blazers for sale: here is the announcement

Portland Trail Blazers for sale: here is the announcement

The Portland Trail Blazers have officially been put up for sale, and the sale process is expected to continue through the 2025–26 season.

According to Shams Charania, the Portland Trail Blazers have been put up for sale. The franchise was once owned by Paul G. Allen, who passed away in 2018. All proceeds from the sale will be donated to charity, specifically to philanthropic initiatives, just as Allen wanted. The sale process is expected to continue through the 2025–26 season, so this is not an imminent divestment.

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