New owner... Tom Dundon?

Discussion in 'Portland Trail Blazers' started by Rastapopoulos, Aug 13, 2025 at 8:54 AM.

  1. Natebishop3

    Natebishop3 Don't tread on me!

    Joined:
    Sep 17, 2008
    Messages:
    93,958
    Likes Received:
    57,069
    Trophy Points:
    113
    Location:
    Portland, OR
    Not technically done yet. Still has to be approved by the owners.
     
  2. Road Ratt

    Road Ratt King of my own little world

    Joined:
    Jul 4, 2015
    Messages:
    5,085
    Likes Received:
    3,956
    Trophy Points:
    113
    Location:
    A fruitloop daydream
    The Real Reason the Trail Blazers Sold

     
  3. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

    Joined:
    Sep 15, 2008
    Messages:
    34,316
    Likes Received:
    25,315
    Trophy Points:
    113
    Location:
    Blazer OT board
    Actually, it is a bad reflection on Dundon, at least based on the information available. He's quoted as saying "It all came together on Wednesday and Thursday of last week. I wish it was more thought out than that, but it was that simple."

    Making an investment with little thought, little due diligence, more often than not works out the way it did here: with a loss of the investment.

    However, one thing we don't know, is how much money he actually lost. There's obviously a difference between making a tiny bad investment and making a huge bad investment.

    If you think randomly throwing money at lots of different things is how people make lots of money, I have several dozen opportunities for you... if you act by midnight tonight.

    barfo
     
    BBert and Rastapopoulos like this.
  4. SharpesTriumph

    SharpesTriumph Well-Known Member

    Joined:
    May 4, 2018
    Messages:
    12,436
    Likes Received:
    11,189
    Trophy Points:
    113
    Maybe it was a stupid decision at the time or maybe not. It's nuts that you think a few quotes on the Internet give you the insight to make that definitive judgement. Or that you think he's going to publicly give complete explanations on the investment rationale.

    We really have no idea what the upside to the investment was. Obviously it didn't work out, just like often times is the case buying a stock or many other investments with risk.
     
    SharpeScooterShooter likes this.
  5. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

    Joined:
    Sep 15, 2008
    Messages:
    34,316
    Likes Received:
    25,315
    Trophy Points:
    113
    Location:
    Blazer OT board
    It's not a definitive judgement. There's obviously a lot we don't know, as I've pointed out myself.

    On the other hand, if we shouldn't comment on things we don't know everything about - well, there would be approximately zero posts on this forum.

    We likely do know what the upside was, though: there was no upside. He lost whatever money he invested.

    We don't know what he imagined might happen, but we do know he was mistaken if he expected something other a total loss.

    barfo
     
  6. BBert

    BBert Weasels Ripped My Flesh

    Joined:
    Sep 24, 2008
    Messages:
    26,617
    Likes Received:
    20,286
    Trophy Points:
    113
    Occupation:
    Poster Boy
    Location:
    Blazerlandia
    It's not like Dundon lied to and suckered banks and investors, refused to pay contractors, siphoned off money, then filed bankruptcy, six times, like some "billionaires." His sub prime loan business does leave a bit of a sour taste in my mouth, but it's certainly no worse than every other billionaire on the planet. Granting that he is a ways out from actually showing us how he's going to run the team, I think we should all be breathing a huge sigh of relief and be thankful with how this sale is turning out. I for one doubt we could have gotten a better owner, and for now I choose to be optimistic.
     
    Last edited: Aug 19, 2025 at 4:41 PM
    Natebishop3 and SlyPokerDog like this.
  7. crandc

    crandc Well-Known Member

    Joined:
    Oct 15, 2008
    Messages:
    22,620
    Likes Received:
    29,284
    Trophy Points:
    113
    Sports owners probably. Most of the country? Check approval rating lately?

    Teams are face of a community. I don't live in Portland but I think most Portlanders like Black History Month and Pride a lot more than Putin and Ghislaine Maxwell.
     
  8. Rastapopoulos

    Rastapopoulos Well-Known Member

    Joined:
    Oct 30, 2008
    Messages:
    41,764
    Likes Received:
    26,106
    Trophy Points:
    113
    Occupation:
    Ballin'
     
    Tweak and BBert like this.
  9. BigGameDamian

    BigGameDamian Well-Known Member

    Joined:
    Oct 19, 2012
    Messages:
    32,992
    Likes Received:
    13,207
    Trophy Points:
    113
  10. Strenuus

    Strenuus Well-Known Member

    Joined:
    Aug 9, 2013
    Messages:
    50,464
    Likes Received:
    35,754
    Trophy Points:
    113
    What do you have against all the Scott's in the world?
     
  11. THE HCP

    THE HCP NorthEastPortland'sFinest

    Joined:
    Sep 16, 2008
    Messages:
    71,197
    Likes Received:
    59,809
    Trophy Points:
    113
    Location:
    N.E.P.
    OUCH
     
  12. THE HCP

    THE HCP NorthEastPortland'sFinest

    Joined:
    Sep 16, 2008
    Messages:
    71,197
    Likes Received:
    59,809
    Trophy Points:
    113
    Location:
    N.E.P.
    Damn phone changed Scotts to Scott’s!!!! AAARRGFGHHH!!!
     
  13. BBert

    BBert Weasels Ripped My Flesh

    Joined:
    Sep 24, 2008
    Messages:
    26,617
    Likes Received:
    20,286
    Trophy Points:
    113
    Occupation:
    Poster Boy
    Location:
    Blazerlandia
    Well, it IS North Carolina. This is Portland. He would do well to remember that.
     
  14. BBert

    BBert Weasels Ripped My Flesh

    Joined:
    Sep 24, 2008
    Messages:
    26,617
    Likes Received:
    20,286
    Trophy Points:
    113
    Occupation:
    Poster Boy
    Location:
    Blazerlandia
    What do you have against the Scotts? Other than the bagpipes, I mean.
     
  15. THE HCP

    THE HCP NorthEastPortland'sFinest

    Joined:
    Sep 16, 2008
    Messages:
    71,197
    Likes Received:
    59,809
    Trophy Points:
    113
    Location:
    N.E.P.
    Damn, this wouldn’t go over well here.
     
  16. THE HCP

    THE HCP NorthEastPortland'sFinest

    Joined:
    Sep 16, 2008
    Messages:
    71,197
    Likes Received:
    59,809
    Trophy Points:
    113
    Location:
    N.E.P.
    GOD DAMNIT! It did it again! @SlyPokerDog fix this site FAMS! S……C……O……T…..T’…….S!
     
    SlyPokerDog likes this.
  17. BoBoBREWSKI

    BoBoBREWSKI BURP!

    Joined:
    Sep 17, 2008
    Messages:
    14,311
    Likes Received:
    5,765
    Trophy Points:
    113
    Location:
    NW
  18. JFizzleRaider

    JFizzleRaider Yeast Lords Global Moderator

    Joined:
    Jul 15, 2007
    Messages:
    14,120
    Likes Received:
    7,296
    Trophy Points:
    113
    Location:
    Who Knows?
    I came into this thread without reading the above stuff yet. I read your comment first. Then I looked at the reddit thread.

    What you linked is for a game in December 2024. Which was last season. The reddit thread says they changed pride night to everyone is welcome night. I clicked on the hurricane theme night webpage and scrolled all the way down and saw they no longer have a pride night for next season.

    I'm confused by your comment now.
     
    blazerkor and BoBoBREWSKI like this.
  19. BoBoBREWSKI

    BoBoBREWSKI BURP!

    Joined:
    Sep 17, 2008
    Messages:
    14,311
    Likes Received:
    5,765
    Trophy Points:
    113
    Location:
    NW
    Well I may be wrong, but you all are still a bunch of goons.
    :bgrin:
    Maybe Pride Night last season wasnt successful so they are changing it up to be more inclusive to everyone to drive ticket sales? That is after all one of the reasons for theme nights for any team, to get people to come who might not normally buy a ticket to a game.
     
    Last edited: Aug 19, 2025 at 7:22 PM
  20. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

    Joined:
    Oct 5, 2008
    Messages:
    124,808
    Likes Received:
    145,058
    Trophy Points:
    115
    She sold tater tots down to the Scotts Stott.
     

Share This Page