I think you want the bulk of owners to be a smaller group - either 2 or 3 - maybe just one. If they have a bunch of minority owners under 10% each thats fine but they wouldn't have any decision making input. You don't want too many voices or it paralyzes the organization from making decisions.
Could be health. Could be he just wanted to scoop the Blazers up for a discount but sees now the valuation will be higher. Could be he was offended how his prior offer was basically ignored and he felt disrespected.
I’m starting to get a feeling Bezos will own the Blazers and Hawks. But unlike Paul the Hawks will be his baby.
NBA doesn't allow one person to have any ownership in two teams. Vivek was a minority Warriors owner but had to sell all of it prior to buying the Kings.
It's not necessary to have a lot of ownership to exercise control if the major owner trusts you and wants to delegate. See, for example: Bert Kolde. barfo
https://www.oregonlive.com/blazers/...selling-rip-citys-love-for-trail-blazers.html Sen. Ron Wyden sends letter to NBA commissioner selling Rip City’s love for Trail Blazers
This whole thing reminds me of something like you find out as a kid you are moving. Family is all pumped…..but what’s on the other end?
So now that Phil Knight doesn’t care for the Blazers anymore. I’m officially nervous. The team doesn't own the arena and we only extended to a 5yr lease on moda center is how long it would take to build a new arena somewhere else. No local owner options. I'm a little scared.
I never once said I didn’t want change. Not once. I’m asking why some are very happy about this. Without knowing the other option.
