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.
Aug 2, 2015, 8:00 AM EDT
Okafor is getting acquainted with his young fans in Philadelphia.
Aug 2, 2015, 12:30 AM EDT
Davis is in talks to re-sign with the Clippers.
Aug 1, 2015, 11:00 PM EDT
Hamilton played 14 games with the Clippers last season.
Aug 1, 2015, 9:30 PM EDT
Rose played in the 2010 and 2014 FIBA World Championships.
Aug 1, 2015, 8:00 PM EDT
That would be good news for the Spurs and bad news for the rest of the Western Conference.
Aug 1, 2015, 6:30 PM EDT
Noah spent most of last season limited by knee surgery.
Aug 1, 2015, 5:00 PM EDT
His $4.7 million salary for next season is unguaranteed.
Aug 1, 2015, 3:30 PM EDT
Paul is still in the running for a spot on the 2016 Olympic team.
Aug 1, 2015, 2:00 PM EDT
Will this lead to all 30 teams getting their own affiliates?
Hakeem Olajuwon and Dikembe Mutombo make surprise appearances for Team Africa in NBA exhibition game (VIDEO)
Aug 1, 2015, 12:30 PM EDT
Team Africa faced off against Team World in Johannesburg.
Aug 1, 2015, 11:00 AM EDT
Mbah a Moute signed a one-year deal with the Kings in July.
Aug 1, 2015, 9:30 AM EDT
Biyombo has worked with Hakeem Olajuwon this summer on post moves, other parts of his game.
Aug 1, 2015, 8:00 AM EDT
The Nets will be paying the price for their win-now era for a few years to come still.
Aug 1, 2015, 1:11 AM EDT
This is the right move, whether he decides to play in Rio or not.
Jul 31, 2015, 11:08 PM EDT
He looks like a guy who can live up to the No. 1 pick billing.
Jul 31, 2015, 10:26 PM EDT
Norris Cole is still looking for a bigger payday.
Jul 31, 2015, 9:31 PM EDT
Her credentials are unassailable.
Jul 31, 2015, 8:10 PM EDT
He is currently out on bond.
Jul 31, 2015, 7:15 PM EDT
Hill told the police he was “in a hurry.” I guess so.
Jul 31, 2015, 7:01 PM EDT
Neither guy is going to make a difference on the court for these teams. This was just moving some money around.
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