Tom Dundon, owner of the NHL’s Carolina Hurricanes, has reportedly agreed to purchase the Portland Trail Blazers from Paul Allen’s estate for over $4 billion, with plans to keep the team in Portland and build a new arena. The sale proceeds will support charitable endeavors as outlined in Allen’s trust, while the Trail Blazers continue a rebuild with promising young players and franchise legend Damian Lillard.
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Carolina Hurricanes owner Tom Dundon reportedly to buy Trail Blazers, keep team in Portland
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