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Adam Silver can't be happy about that valuation!
18h
Green Acres, Beverly Hillbillies, and Hooterville Junction
The Trail Blazers sale has been approved by the NBA board of governors, @jwquick.bsky.social reports. A group led by Tom Dundon will purchase the first 80.1% of the team on March 31 at a $4 billion valuation. www.nytimes.com/athletic/712...
19h
www.nytimes.com
The transaction will mark the first time since 1988 that the Blazers have not been owned by Paul Allen or his sister, Jody.
NBA approves Portland Trail Blazers’ sale to Tom Dundon at $4.25 billion valuation: Source (Gift Article)
Business Decision with Mike Vorkunov