PORTLAND, Ore. (KOIN) – The Portland Trail Blazers are up for sale, but Nike co-founder Phil Knight says he’s not buying. When Paul Allen’s estate announced Tuesday that it had begun the ...

PORTLAND, Ore. — Phil Knight, co-founder of Nike, reportedly confirms he is no longer interested in buying the Portland Trail Blazers, following Tuesday's announcement that the NBA franchise is ...

PORTLAND — Nike co-founder Phil Knight said Wednesday he is not interested in buying the Portland Trail Blazers, who are up for sale. Paul Allen’s estate said Tuesday it has begun the process ...

Nike founder Phil Knight was very interested in purchasing the Portland Trail Blazers three years ago. Now that the franchise is actually for sale, he has changed his mind.

Knight made a $2 billion bid for the Blazers in 2022. At that time, Jody Allen, the controlling owner on behalf of Paul Allen’s estate, made clear that the franchise was not for sale , and ...

Knight, 87, along with Alan Smolinisky, a minority owner of the Los Angeles Dodgers, reportedly made an offer in 2022 of just over $2 billion to purchase the Blazers from the estate of Paul Allen ...

While Knight certainly has the money to make the purchase—Paul Allen bought the Blazers for $70 million in 1988; Forbes currently values the team at $3.5 billion—it's the interest that may no ...

Knight said in a statement Wednesday that he no longer has interest in purchasing the Trail Blazers. The 87-year-old cited his age as the biggest reason for not pursuing a purchase.

Phil Knight, former chairman and founder of Nike, attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, U.S., July 11, 2019.

Oregon Ducks coach Dan Lanning beams with gratitude when he talks about Nike co-founder and Ducks donor Phil Knight. Yes, in part to the financial impact that the billionaire Knight has had on the ...

PORTLAND, Ore. (KOIN) – The Portland Trail Blazers are up for sale, but Nike co-founder Phil Knight says he’s not buying. When Paul Allen’s estate announced Tuesday that it had begun the ...