Skip to content

Paul Allen denies report he is listening to offers to sell Blazers

Mar 29, 2012, 4:53 PM EDT

1217_nba-paul-allen-trail-blazers Getty Images

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.

Now comes this report from Dwight Jaynes at CSNNW.com that Trail Blazers owner Paul Allen is considering selling the team. (Hat tip to Blazers Edge.)

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.

Latest Posts
  1. Jahlil Okafor helps one kid dunk, brutally blocks another (VIDEO)

    Aug 2, 2015, 8:00 AM EDT

    Jahlil Okafor Jahlil Okafor

    Okafor is getting acquainted with his young fans in Philadelphia.

  2. Clippers waive Jordan Hamilton

    Aug 1, 2015, 11:00 PM EDT

    Jordan Hamilton Jordan Hamilton

    Hamilton played 14 games with the Clippers last season.

  3. Gregg Popovich expects Tim Duncan to play the “same boring game” as usual

    Aug 1, 2015, 8:00 PM EDT

    Tim Duncan, Gregg Popovich Tim Duncan, Gregg Popovich

    That would be good news for the Spurs and bad news for the rest of the Western Conference.

  4. Report: Chris Paul to attend Team USA minicamp

    Aug 1, 2015, 3:30 PM EDT

    Chris Paul, Ray McCallum Chris Paul, Ray McCallum

    Paul is still in the running for a spot on the 2016 Olympic team.

  5. Raptors’ GM Masai Ujiri sees Bismack Biyombo as key part of roster transformation

    Aug 1, 2015, 9:30 AM EDT

    Detroit Pistons v Charlotte Hornets Getty Images

    Biyombo has worked with Hakeem Olajuwon this summer on post moves, other parts of his game.

  6. Nets finally taking responsible path to rebuilding, don’t expect another spending spree next summer

    Aug 1, 2015, 8:00 AM EDT

    Brooklyn Nets Deron Williams Paul Pierce Kevin Garnett Getty Images

    The Nets will be paying the price for their win-now era for a few years to come still.

  7. Report: Dwight Howard to attend Team USA mini-camp after all

    Aug 1, 2015, 1:11 AM EDT

    Dwight Howard AP

    This is the right move, whether he decides to play in Rio or not.

  8. Watch Karl-Anthony Towns highlights from Summer League

    Jul 31, 2015, 11:08 PM EDT

    cd0ymzcznguwzdbhnduynddiytjhm2yyzthlmtjjotqwyyznpwu3mmzjztazntu1ogzhywnkzju2otmyzgnloty5otbl1 AP

    He looks like a guy who can live up to the No. 1 pick billing.

  9. Pelicans waive Toney Douglas, still await Norris Cole decision

    Jul 31, 2015, 10:26 PM EDT

    Utah Jazz v New Orleans Pelicans Getty Images

    Norris Cole is still looking for a bigger payday.

  10. Pacers’ Jordan Hill arrested for reckless driving, clocked at 107 mph

    Jul 31, 2015, 7:15 PM EDT

    Phoenix Suns v Los Angeles Lakers Getty Images

    Hill told the police he was “in a hurry.” I guess so.

  11. Warriors trade Gerald Wallace to Philadelphia in exchange for Jason Thompson

    Jul 31, 2015, 7:01 PM EDT

    Dallas Mavericks v Sacramento Kings Getty Images

    Neither guy is going to make a difference on the court for these teams. This was just moving some money around.

Top 10 NBA Player Searches
  1. K. Bryant (2531)
  2. M. Miller (1764)
  3. B. Haywood (1686)
  4. L. James (1681)
  5. T. Thompson (1572)
  1. I. Thomas (1567)
  2. N. Young (1558)
  3. J. Smith (1531)
  4. S. Napier (1356)
  5. P. George (1314)