NFC West

Trail Blazers Say Team ‘Not For Sale’ Rejects Nike Founder Phil Knight’s $2 Billion Offer

Nike founder Phil Knight and Dodger’s co-owner Alan Smolinsky are in talks to buy the Portland Trail Blazers in a deal worth more than $2 billion. However, the Blazers have rejected the offer issuing a statement that the team remains not for sale. The team is currently owned by Jody Allen, brother of the late Paul Allen who owned both the Seattle Seahawks and Portland Trailblazers, among other assets. Allen died in 2018 triggering a clause that exists within his trust. Seattle writer Art Thiel reported that Allen has a certain amount of time to sell the team as illustrated in her late brother’…