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Paul Allen's estate sells the Portland Trail Blazers to Tom Dundon's group for over $4 billion.
The estate of the late Paul Allen, co-founder of Microsoft and owner of the Portland Trail Blazers, has agreed to sell the NBA team to a group led by Tom Dundon, owner of the Carolina Hurricanes.
The deal, reportedly worth over $4 billion, is subject to NBA approval and expected to close by the end of the season.
Proceeds will go to philanthropic efforts as per Allen's will.
The new owners plan to keep the team in Portland.
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El patrimonio de Paul Allen vende los Portland Trail Blazers al grupo de Tom Dundon por más de 4 mil millones de dólares.