NBA approves $4.25B sale of Trail Blazers to group led by Carolina Hurricanes owner Tom Dundon

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The NBA announced on Monday that it’s approved the sale of the Portland Trail Blazers to a group led by Carolina Hurricanes owner Tom Dundon.

Per the league, the sale is expected to close this week. Dundon will serve as the team’s governor.

The following has been released by the NBA. pic.twitter.com/Nbi4CT7PLn

— NBA Communications (@NBAPR) March 30, 2026

Dundon reached an agreement to purchase the team from the estate of late owner Paul Allen in August.

This story will be updated.

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