The Portland Trail Blazers will be sold to a group led by Tom Dundon, owner of the Carolina Hurricanes, for over $4 billion, marking his ownership of a second professional sports team. Dundon expressed excitement about the acquisition, which comes as the Trail Blazers are valued at $3.65 billion, following his successful tenure with the Hurricanes since becoming majority owner in 2018.
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Formal Agreement in Place to Sell The Trail Blazers To Tom Dundon
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