Mar 29, 2012, 4:53 PM EDT
UPDATE 4:53 pm: As we expected, Paul Allen has quickly denied the report. From his twitter account.
It is absolutely false that I have entertained offers for
@pdxtrailblazers. Unnamed sources are wrong as usual. Why don’t reporters check?
Because whether or not you are actually selling the team, you would say you are not.
Any source who leaks something has a a point of view if not an outright agenda, and maybe the source of the CSNNW.com reporter has an interest in seeing this sale move forward. Maybe more of an interest than Allen. We don’t know for sure.
The fact is this another situation (often like trades) where the first discussions are handled through back channels, allowing Allen to say he has not entertained any offers while people that work for him have some level of conversation. It may never get farther than that. But I’m willing to bet there were some discussions on some level.
2:01 pm: Often the model for selling an NBA team is to bring its payroll costs way down, load it up with picks and young talent, which make it more appealing to a potential buyer. Not totally unlike what the Trail Blazers did at the trade deadline.
Portland Trail Blazer owner Paul Allen is once again entertaining offers to sell the team, according to sources with knowledge of the situation.
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.
You can bet the denial is coming in 5…4…3…2…
Allen (one of Microsoft’s co-founders) has said as recently as just before the start of this season that he has no plans to sell the team, and in this same piece team president Larry Miller says he knows of no such talks.
However while Allen was playing the role of hardliner during the lockout there was a lot of buzz that he wanted a deal that would increase the franchise value for when he would sell the team not long after. The report adds this:
One of those interested groups is said to be based in Los Angeles and the other is said to be a local group. One of the prospective purchasing groups is far enough along in discussions that it has scheduled a trip to the Rose Quarter to look at the team’s books and assess the arena. It has been emphasized that neither group has any interest in moving the team out of Portland.
Even if this report is true it is far from a sure thing — remember 2006. That said, Allen will likely at least get some calls and a sense of what the market value of the team is right now.
Sep 17, 2014, 12:14 AM EDT
Well, it’s better than his golf swing.
Sep 16, 2014, 10:45 PM EDT
There haven’t been many better.
Sep 16, 2014, 8:33 PM EDT
Germany qualifying for the Olympics, even with Nowitzki, is an uphill battle.
Sep 16, 2014, 7:23 PM EDT
It seems fitting.
Sep 16, 2014, 5:59 PM EDT
Guaranteed Duncan likes this better than another trip to the All-Star Game.
Sep 16, 2014, 5:20 PM EDT
Half his salary the first year is guaranteed, a sign he is expected to make the final roster.
Sep 16, 2014, 4:40 PM EDT
We’re sorry to do this to you.
Sep 16, 2014, 4:19 PM EDT
The guaranteed deal is huge but the Wolves are deep at the three. He’ll struggle to get minutes.
Sep 16, 2014, 3:17 PM EDT
Orlando also announces signing of Peyton Siva
Sep 16, 2014, 2:33 PM EDT
Stojakovic’s 3-point bombing made Sacramento better for quite some time
Sep 16, 2014, 1:50 PM EDT
Kirilenko played by far career-low 19 minutes per game last season
Sep 16, 2014, 1:11 PM EDT
Will the Suns take advantage?
Sep 16, 2014, 12:33 PM EDT
Mavericks star could help Germany qualify for 2016 Olympics
Sep 16, 2014, 11:44 AM EDT
No. 1 and No. 2 picks in the NBA draft square off against each other, expectations
Sep 16, 2014, 11:00 AM EDT
Williams, who plays both forward positions, now favorite to replace Josh McRoberts in starting lineup
Sep 16, 2014, 10:00 AM EDT
Plenty of changes, but enough to make the playoffs?
Sep 16, 2014, 9:30 AM EDT
San Antonio already has 17 players, qualifying offer out to Baynes
Sep 16, 2014, 9:00 AM EDT
Bill Duffy: ‘Klay Thompson right now is the top two-way, two-guard in basketball’
Sep 16, 2014, 8:30 AM EDT
Deron Williams opening the season healthy would be huge… but just the start of what they need from him.
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