New owner... Tom Dundon?

Discussion in 'Portland Trail Blazers' started by Rastapopoulos, Aug 13, 2025.

Moderators: 6

Moderators

  1. BrianFromWA
  2. Chris Craig
  3. Darkwebs
  4. Ed O
  5. PtldPlatypus
  6. SlyPokerDog
Page 35 of 35
  1. e_blazer

    e_blazer Rip City Fan

    Joined:
    Sep 16, 2008
    Messages:
    24,217
    Likes Received:
    30,361
    Trophy Points:
    113
    Occupation:
    Consultant
    Location:
    Oregon City, OR
    Including MrsHCP’s House of Discipline?
     
    e_blazer, Aug 29, 2025
    #681
    SlyPokerDog likes this.
  2. crandc

    crandc Well-Known Member

    Joined:
    Oct 15, 2008
    Messages:
    22,883
    Likes Received:
    29,654
    Trophy Points:
    113
    Have you tried cat o'nine tails?
     
    crandc, Aug 29, 2025
    #682
    riverman, Eastoff, BBert and 1 other person like this.
  3. BoBoBREWSKI

    BoBoBREWSKI BURP!

    Joined:
    Sep 17, 2008
    Messages:
    14,354
    Likes Received:
    5,868
    Trophy Points:
    113
    Location:
    NW
    Sounds like there might be an official announcement on this very soon.
     
    BoBoBREWSKI, Sep 12, 2025 at 10:46 AM
    #683
    THE HCP likes this.
  4. BoBoBREWSKI

    BoBoBREWSKI BURP!

    Joined:
    Sep 17, 2008
    Messages:
    14,354
    Likes Received:
    5,868
    Trophy Points:
    113
    Location:
    NW
    and here it is:

    https://www.oregonlive.com/blazers/...trail-blazers-to-group-led-by-tom-dundon.html

    Portland, Ore. – Sept. 12, 2025 - The Estate of Paul G. Allen today announced it has entered a formal sale agreement with Tom Dundon for the Portland Trail Blazers NBA franchise. Dundon (owner and CEO of the NHL’s Carolina Hurricanes) will be joined by Marc Zahr (co-president of Blue Owl Capital), Sheel Tyle (the Portland-based founder and CEO of Collective Global), and the Cherng Family Trust (the family office of the co-founders of Panda Express and Panda Restaurant Group), as owners - who confirmed their intention to keep the team in Portland. Terms of the deal were not disclosed. The transaction is subject to approval by the NBA Board of Governors.
     
    BoBoBREWSKI, Sep 12, 2025 at 11:02 AM
    #684
    Quatro44 and HailBlazers like this.
  5. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

    Joined:
    Oct 5, 2008
    Messages:
    125,422
    Likes Received:
    145,660
    Trophy Points:
    115
    The group also now includes the Cherng Family Trust, according to the estate’s announcement. Andrew Cherng co-founded Panda Express with his wife Peggy Tsiang Cherng. The family has a net worth of $7.5 billion, according to Forbes, which would make them the wealthiest investors in Dundon’s group.

    OMG, WHEN THE BLAZERS SCORE OVER 100pts WE'RE GOING TO GET FREE PANDA EXPRESS! :NOTMARIS:
     
    SlyPokerDog, Sep 12, 2025 at 11:05 AM
    #685
    HailBlazers, PtldPlatypus, Phatguysrule and 7 others like this.
  6. HailBlazers

    HailBlazers RipCity

    Joined:
    Nov 11, 2008
    Messages:
    20,005
    Likes Received:
    17,238
    Trophy Points:
    113
    Location:
    PDX
    That's awesome! Panda Express is one of the best run fast food joints, they treat their employees very well.
     
    HailBlazers, Sep 12, 2025 at 11:07 AM
    #686
    Phatguysrule, riverman, Eastoff and 3 others like this.
  7. wizenheimer

    wizenheimer Well-Known Member

    Joined:
    Oct 19, 2008
    Messages:
    24,728
    Likes Received:
    37,622
    Trophy Points:
    113
    "The deal, which The Oregonian/OregonLive first reported earlier this month, is expected to close by the end of the year with a valuation of $4.25 billion, according to a source close to the transaction."

    so...by the end of the year....might make the trade deadline kind of ointeresting
     
    wizenheimer, Sep 12, 2025 at 11:19 AM
    #687
    Eastoff, blazerkor and SlyPokerDog like this.
  8. andalusian

    andalusian Season - Restarted

    Joined:
    Sep 24, 2008
    Messages:
    15,253
    Likes Received:
    14,693
    Trophy Points:
    113
    Location:
    San Marcos, CA
    That Yang pick and that Panda Express ownership stake... This is Clippers level scandal in the waiting...
     
    andalusian, Sep 12, 2025 at 11:23 AM
    #688
    PtldPlatypus, Phatguysrule, BBert and 3 others like this.
  9. RR7

    RR7 Well-Known Member

    Joined:
    Oct 17, 2008
    Messages:
    18,714
    Likes Received:
    13,128
    Trophy Points:
    113


    I've seen here and I believe one other tweet that said by end of the season, not calendar year. Unsure which is more accurate
     
    RR7, Sep 12, 2025 at 11:32 AM
    #689
    SlyPokerDog likes this.
  10. THE HCP

    THE HCP NorthEastPortland'sFinest

    Joined:
    Sep 16, 2008
    Messages:
    71,542
    Likes Received:
    60,301
    Trophy Points:
    113
    Location:
    N.E.P.
    #BAM
     
    THE HCP, Sep 12, 2025 at 12:30 PM
    #690
    Phatguysrule, SlyPokerDog, Quatro44 and 1 other person like this.
  11. THE HCP

    THE HCP NorthEastPortland'sFinest

    Joined:
    Sep 16, 2008
    Messages:
    71,542
    Likes Received:
    60,301
    Trophy Points:
    113
    Location:
    N.E.P.
    Just read the OregonLive piece and it said by the end of the calendar year.
     
    THE HCP, Sep 12, 2025 at 12:31 PM
    #691
    riverman, SlyPokerDog, blazerkor and 2 others like this.
  12. BIG Q

    BIG Q Well-Known Member

    Joined:
    Sep 22, 2008
    Messages:
    1,506
    Likes Received:
    1,539
    Trophy Points:
    113
    Location:
    TEMPE, AZ
    I am sure the league would like this sale done as quickly as possible since it is from a trust and a bit wonky.
     
    BIG Q, Sep 12, 2025 at 12:35 PM
    #692
    SlyPokerDog likes this.
  13. Hoopguru

    Hoopguru Well-Known Member

    Joined:
    Sep 16, 2014
    Messages:
    22,265
    Likes Received:
    18,377
    Trophy Points:
    113
    And I wonder why Yang was selected by Blazers, think Panda Express had anything to do with it?
     
    Hoopguru, Sep 12, 2025 at 3:44 PM
    #693
  14. Hoopguru

    Hoopguru Well-Known Member

    Joined:
    Sep 16, 2014
    Messages:
    22,265
    Likes Received:
    18,377
    Trophy Points:
    113
    [​IMG]
     
    Hoopguru, Sep 12, 2025 at 3:50 PM
    #694
    riverman likes this.
  15. HailBlazers

    HailBlazers RipCity

    Joined:
    Nov 11, 2008
    Messages:
    20,005
    Likes Received:
    17,238
    Trophy Points:
    113
    Location:
    PDX
    Pretty cool eh @riverman ?
     
    HailBlazers, Sep 12, 2025 at 4:17 PM
    #695
    riverman and Hoopguru like this.
  16. riverman

    riverman Writing Team

    Joined:
    Nov 15, 2013
    Messages:
    68,347
    Likes Received:
    67,397
    Trophy Points:
    113
    way cool!
     
    riverman, Sep 12, 2025 at 6:03 PM
    #696
    HailBlazers likes this.
  17. CJ_is_Gone

    CJ_is_Gone Well-Known Member

    Joined:
    Mar 15, 2022
    Messages:
    2,401
    Likes Received:
    2,478
    Trophy Points:
    113
    I highly doubt that is correct.
    That would be unbelievably fast to close a deal this size that quickly.

    My guess is that the end of the season got mixed up with end of the year (ie like the end if a school year...).
     
    CJ_is_Gone, Sep 12, 2025 at 11:33 PM
    #697
  18. wizenheimer

    wizenheimer Well-Known Member

    Joined:
    Oct 19, 2008
    Messages:
    24,728
    Likes Received:
    37,622
    Trophy Points:
    113
    one 'report' said end of year; latest said by end of season. Another said the closing was scheduled for March but the new owners were hoping it would happen sooner
     
    wizenheimer, Sep 13, 2025 at 8:31 AM
    #698
Page 35 of 35

Share This Page