The sale price remains unclear, but Dundon's group includes Portland CEO Sheel Tyle and the collective intends to keep the team in Portland.

Carolina Hurricanes Owner Tom Dundon Agrees To Purchase Trail Blazers For $4 Billion originally appeared on Fadeaway World. Carolina Hurricanes owner Tom Dundon has reportedly struck a massive deal to acquire the Portland Trail Blazers from the late Paul Allen’s estate for over $4 billion, according to ESPN’s Shams Charania.

Thomas Dundon, the owner of the Carolina Hurricanes, has reached an agreement to purchase the NBA’s Portland Trail Blazers for more than $4 billion, according to ESPN’s Shams Charania. ESPN reports that Dundon intends to keep the team based in Portland,