Nike co-founder Phil Knight confirms he's no longer pursuing purchase of Portland Trail Blazers as team begins formal sale process under Paul Allen's estate.

The inevitable sale of the Portland Trail Blazers is in motion, seven years after former owner Paul G. Allen died, leaving explicit instructions for his estate to sell off all

Oregon Sen. Ron Wyden, an ardent fan of the Portland Trail Blazers, is taking proactive steps to sell the deep support Rip City has for the Blazers, insisting the team should remain in Portland. On Tuesday,