Moon Sports > Basketball > Following the Celtics and Lakers, the Trail Blazers are sold yet to begin
Following the Celtics and Lakers, the Trail Blazers are sold yet to begin
The NBA has re-selled another team. The Portland Trail Blazers, which purchased for $70 million in 1988, has now appreciated by more than 57 times.
ESPN reporter Shams reported that NHL Carolina Hurricanes owner Tom Dunton has agreed to buy the Portland Trail Blazers from Paul Allen's legacy for more than $4 billion.

Before the draft, the Trail Blazers were already rumored to be traded, and after Yang Hansen was signed by the Trail Blazers, the news was even more rampant. However, the Trail Blazers management then came out to refute the rumor: there is currently no plan to sell the team, and there is no negotiation on the sale of the team.
With the continued rise of the league's salary cap, almost all teams have experienced a significant decline in efficiency. Although the team's market value is increasing, many teams in the league have begun to make ends meet, which forces the team's equity holders to be careful in their budgets or sell the team directly.
Shortly after the Celtics won the championship and won the 18th championship trophy in team history, the team's internal information was constantly exposed. Given the team's heavy salary in the future, Grossbeck announced the sale of the team and cashed out at the high valuation point, selling $6.1 billion worth of it. Shortly after the playoffs ended, the Lakers also officially changed hands. The world-renowned sports company TWG acquired the Lakers' equity for 10 billion yuan. This transaction marks the end of the 46-year domination of the Bass family, and the Lakers officially entered a new era dominated by Mark Walter.
After the Thunder won the championship last season, the management renewed the contract with the core players in the team on a large scale, and the Thunder was also reported to be ready to sell.
After the Trail Blazers were sold, some media came out to interpret: The Hurricanes are perennial competitors. They build teams through drafts in the right way, and will not pay too high prices for players who have passed their peak periods, and have a very progressive, analytical and forward-looking frontline office. They haven't won the Champions League recently, but it's hard to deny that they are one of the best managed organizations in the NHL, and Trail Blazers fans should be optimistic.
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