Solved! The bidders reached an out-of-court settlement, and there is no obstacle to the Dunton Group s 4.25 billion acquisition of the Trail Blazers.

October 14th According to the "Oregonian" report, the legal disputes related to the sale of the Trail Blazers have been resolved, and the consortium led by Dunton will continue to acquire the Trail Blazers.

According to previous reports, RAJ Sports, a company run by the Battal family, which owns the WNBA Portland Fire (officially joining next season) and the National Women's Soccer League (NWSL) Portland Thorns, has filed a lawsuit against the Cheng family, founder of Panda Express, which is about to purchase a minority stake in the Trail Blazers. The lawsuit attempts to prevent the Cheng family from participating in the acquisition of the Trail Blazers. RAJ Sports accused the Cheng family of changing their acquisition plans on their own after signing an agreement to cooperate in acquiring the Trail Blazers, choosing to join Dunton's consortium.

According to the latest news, the court that is hearing the case submitted a notice of rejection, but it did not mention relevant information about the settlement terms. It is unclear what prompted the sudden change in the incident.

RAJ Sports said in a statement: "We are pleased to have reached an out-of-court settlement, which we believe amounts to an acknowledgment of our position while also protecting the future of Portland basketball. We look forward to working closely with the Trail Blazers as the Flames join the Moda Center next spring." RAJ Sports declined to comment on the specific details of the settlement, nor did it say whether it received financial compensation while withdrawing the lawsuit. However, it is understood that RAJ Sports Company has not joined Dunton's consortium. As long as the latter successfully acquires the Trail Blazers, RAJ Sports Company will not obtain any equity in the Trail Blazers.

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