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Paul Allen Listening to Offers for Trail Blazers?
Posted By HOOPSWORLD On March 29, 2012 @ 4:18 pm In All,Headlines,NBA Headlines | No Comments
At least two groups have apparently approached Allen, who briefly put the team on the market in the spring of 2006 before apparently changing his mind and withdrawing it. At that time, it was reported that as many as 14 groups expressed an interest in purchasing the team and its arena, the Rose Garden, and were asked to pay a $100,000 application fee to validate their interest.
So it must be emphasized that while Allen may be listening to offers, as he did previously, there are no guarantees he will be able to bring himself to part with the team that has been a big part of his life for more than two decades.
This time, apparently two groups have expressed serious interest in buying the franchise, even though Trail Blazer officials have repeatedly denied the team is for sale.
via Dwight Jaynes of Comcast Sports Northwest
UPDATE: Paul Allen put out a Tweet denying that he’s entertained selling the team:
“It is absolutely false that I have entertained offers for @pdxtrailblazers. Unnamed sources are wrong as usual. Why don’t reporters check?” — @PaulGAllen
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