The NBA has approved the sale of the Portland Trail Blazers to a group led by Tom Dundon, owner of the Carolina Hurricanes, with the transaction expected to close this week. Dundon will assume the role of team governor. He reached an agreement to buy the team from the estate of the late owner Paul Allen in August. This story will be updated as more information becomes available.
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NBA approves sale of Trail Blazers for $4.25 billion
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