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. Report: Derrick Williams agrees to two-year, $10 million deal with Knicks

    Jul 4, 2015, 12:33 AM EDT

    Los Angeles Lakers v Sacramento Kings AP

    At this price, it’s a fair pickup for New Yor, giving hem another role player.

  2. Report: DeAndre Jordan’s relationship with Chris Paul was ‘demonstrably poor’

    Jul 3, 2015, 9:00 PM EDT

    DeAndre Jordan, Chris Paul AP

    A big reason Jordan left L.A. to sign with the Mavericks.

  3. Report: Patrick Beverley re-signs on four-year deal to remain with Rockets

    Jul 3, 2015, 7:37 PM EDT

    Houston Rockets v Sacramento Kings Getty Images

    Beverley’s defense provides a perfect complement to James Harden.

  4. Reports: Corey Brewer agrees to three-year deal to stay with Rockets

    Jul 3, 2015, 6:27 PM EDT

    Houston Rockets v Los Angeles Clippers - Game Six Getty Images

    He is a good fit in the Rockets’ up-tempo system.

  5. Becky Hammon to coach Spurs in summer league

    Jul 3, 2015, 5:15 PM EDT

    San Antonio Spurs v Los Angeles Clippers - Game Two Getty Images

    She’s a San Antonio assistant coach

  6. Report: Gary Neal agrees to one-year, $2.1 million deal with Wizards

    Jul 3, 2015, 4:31 PM EDT

    Denver Nuggets v Minnesota Timberwolves Denver Nuggets v Minnesota Timberwolves

    Key for the Wizards is this is a one-year deal, so they save their cap space for a Kevin Durant offer next summer.

  7. Report: D’Andre Jordan informs Knicks they are out of running

    Jul 3, 2015, 3:40 PM EDT

    DeAndre Jordan, Tyson Chandler AP

    This was expected, now the Knicks move forward with Robin Lopez.

  8. Report: Wizards trying to trade Nene

    Jul 3, 2015, 1:35 PM EDT

    Washington Wizards v Dallas Mavericks Getty Images

    Washington could land David West

  9. Nets adding young talent in Thomas Robinson and Shane Larkin

    Jul 3, 2015, 10:31 AM EDT

    Thomas Robinson, Thaddeus Young AP

    Brooklyn making most of a self-inflicted bad situation

  10. Report: David West likely to sign with Spurs or Wizards

    Jul 3, 2015, 9:50 AM EDT

    David West, Patty Mills AP

    If LaMarcus Aldridge signs elsewhere, San Antonio makes a lot of sense

Top 10 NBA Player Searches
  1. L. Aldridge (5600)
  2. D. Wade (4483)
  3. L. James (3386)
  4. G. Monroe (3347)
  5. W. Matthews (3287)
  1. D. Jordan (3232)
  2. K. Bryant (3005)
  3. J. Embiid (2980)
  4. T. Harris (2842)
  5. K. Love (2774)