FILE – The seat for Trail Blazers owner Paul Allen has a rose and a hat placed on it before an NBA basketball game in Portland, Ore., Oct. 18, 2018. (AP Photo/Craig Mitchelldyer, file) ...

The Portland Trail Blazers NBA franchise is going up for sale, the team announced on X Tuesday morning. ... ‘Beloved’ Portland outdoor store to close its doors after nearly 3 decades .

The Portland Trail Blazers are still in the rebuilding phase of roster construction, which should leave them looking to take the best player available in the coming NBA Draft.

Trail Blazers fans have expected a new owner since Paul Allen died in 2018. Here's what to know about the team's worth, potential buyers, whether the team will leave Portland and more. July 14, 2025 ...