4.2 billion! Sold again! 10 teams in 9 years, is it going to be in the NBA?

According to shams, the Trail Blazers finally sold it too. After the death of the Trail Blazers boss Paul Allen, he had no children, and the executor and asset principal were his sister Jody Allen.

Paul Allen's legacy is valued at about $20 billion. Except for two teams (Portland Trail Blazers and the NFL Seattle Seahawks) of the legacy are left to her sister Jody Allen, most of the rest is used for charity.

Jody Allen wanted to sell the team in his first year of inheriting the team.

Because Jody is not a basketball fan and does not know how to manage the team, becoming the team boss is a burden for her.

However, because the management of the Trail Blazers was once in a chaotic situation, the team's valuation was not ideal (in 2022, someone paid 2 billion to buy the Trail Blazers, but Jody refused), so he couldn't sell it.

Finally sold this year!

Now, the only one that has not been fulfilled in Paul Allen's legacy is the Seattle Seahawks, with the Seahawks market valuation of $6-7 billion. The new owner of the Trail Blazers is Tom Dungton, the owner of the NHL Carolina Hurricanes, according to multiple sources, the transaction is valued at approximately US$4.25 billion. The transaction will be paid in two installments, one will be paid when the transaction is completed, and the other will be delayed.

Paul Allen was a Trail Blazer acquired for $70 million in 1988. In 37 years, the market value has increased by about 60 times, which should be. Previously, the Trail Blazers' market valuation was around 3.5 billion to 4 billion, and the final transaction valuation was 4.25 billion. Some analysts believe that it was because the Trail Blazers chose Yang Hansen at the draft this year, which suddenly increased the team's market, so it can be sold at the highest valuation.

is not without this possibility! After all, after choosing Yang Hansen, the team's peripheral sales value did reach the highest point in an instant.

By the way, have NBA teams traded a little too frequently in recent years? !

This year alone, three teams have applied for and reached a transaction agreement. In March, the Celtics applied for a transaction and sold 6.1 billion. In June, the Lakers applied for a transaction and sold 10 billion. In August, the Trail Blazers applied for a transaction and sold 4.2 billion. Hey, the Celtics and the Trail Blazers combined are equivalent to a Lakers.

However, the Lakers and the Trail Blazers have not yet completed the transaction, and the board of directors needs to be approved.

The Celtics, who applied for the deal in March, just officially received approval from the alliance's board of directors today to agree to the investment group led by Bill Chisholm to acquire at least 51% of the Celtics for $6.1 billion. The Lakers' transaction has not been approved yet.

As for the Trail Blazers who just submitted their transaction application today, it is estimated that it will not be approved next year during the All-Star period.

From 2017 to now, in just 9 years, 10 NBA teams have changed hands: in 2017, the Rockets, 2.2 billion, 2019, the Nets, 3.3 billion, 2020, the Jazz, 1.7 billion, 2023, the Hornets, 3 billion, 2023, the Mavericks, 3.8 billion, 2023, the Suns, 4 billion, and then these three teams this year... Isn't it impossible for the NBA to "cash out" on such a large scale? !