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flag Trail Blazers sold to Tom Dundon for $4.25B.

flag The NBA Board of Governors has approved the sale of the Portland Trail Blazers to a group led by Tom Dundon, valuing the team at approximately $4.25 billion. flag The deal is structured in two parts, with 80.1% closing by March 31, 2026, and the remaining 19.9% expected to close by September 1, 2028. flag Dundon, owner of the Carolina Hurricanes, will serve as the new governor, bringing new leadership to the franchise.

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