Portland, Paul Allen and Carolina Hurricanes
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Paul Allen’s estate, which owns the Seattle Seahawks, has struck a tentative agreement to sell the NBA's Portland Trail Blazers.
The Portland Trail Blazers have found a new ownership group led by Tom Dundon, a businessman with diverse investments in sports and entertainment who has committed to keeping the team in Portland. The Paul Allen estate has reached a tentative agreement with Dundon and a group of investors in a deal reportedly exceeding $4 billion.