Nike co-founder Phil Knight is no longer interested in purchasing the Portland Trail Blazers, he said in a statement Wednesday. “Five years ago, when I was a younger man, I had a great interest ...

PORTLAND, Ore. -- Nike co-founder Phil Knight said Wednesday that he is not interested in buying the Portland Trail Blazers, who are up for sale. Paul Allen's estate said Tuesday that it has begun ...

Nike co-founder Phil Knight has pulled himself out of the running for the purchase of the Portland Trail Blazers, which was recently valued by Forbes at $3.5 billion. On Tuesday, the estate of ...

PORTLAND, Ore. (KOIN) – The Portland Trail Blazers are up for sale, but Nike co-founder Phil Knight says he’s not buying. When Paul Allen’s estate announced Tuesday that it had begun the ...

Despite making efforts in the past to buy the Trail Blazers, Nike co-founder Phil Knight said ... I had a great interest in being a part of the Portland Trail Blazers franchise,” Knight said ...

The Portland Trail Blazers are officially for sale ... “this team will go for anywhere between $4 billion and $5 billion.” Nike co-founder and Oregon sports superfan Phil Knight reportedly ...

"The estate of Paul G. Allen today announced it has commenced a formal sales process for the Portland Trail Blazers NBA franchise, consistent with Allen's directive to eventually sell his sports ...

May 13, 2025 5:30 p.m. Updated: May 14, 2025 1:20 a.m. FILE - Portland Trail Blazers ... York Times reported that Nike founder Phil Knight had offered to buy the Blazers for more than $2 billion.

the co-founder of Nike, and Alan Smolinisky, a minority owner of the Los Angeles Dodgers, reportedly submitted an offer of more than $2 billion to buy the Portland Trail Blazers. At the time ...