Yeah the deal was so bad that when the old owner saw the public reaction he tried to pull out but A-Rod's group said no way because they knew they'd just ripped him off. That's why it took so long to be official. Makes it even more hilarious that the TV deal has now gone through. It was probably around a billion dollar mistake when he made it but now it's probably more like a 2.5B mistake. SMH
I wonder if there will be zero news until we hear of an agreement being reached? I think with the Lakers, Celtics, etc it was just announced that there was a sale agreement without warning. This was a bit different that the Blazers was announced as being for sale. I think there was an NFL team (Broncos maybe?) that had a similar process so maybe that would be an example.
I think it is - and thats how the Broncos or some team was - but its not like they are putting bids up on ebay for the public to track. I think it was all confidential.
https://www.reuters.com/sports/bask...championship-winning-team-up-sale-2024-07-01/ The Celtics were "put up for auction" as well. The previous owners announced their intention to sell in July of 2024 and it was reported that it was an open auction situation, they then went radio silent until they announced the sale of the team in March of this year about 9 months after they put the team up for sale. The only reporting about the sale between the announcement that the team was up for sale and it would be an auction were articles speculating or investigating the reason the owners were selling but from the owners all the reporters got were basically no comments. Vulcan announced our team is up for sale in May. So I think we can expect to hear nothing until they have a buyer and I'd expect that to happen before the season is over... if the buyer has a basketball person on their staff that they already want to run the basketball operations of the team, I could see them announcing the sale early 2026 so they can have their people in place before the trade deadline.
I have a bad feeling about this. But this is what you all wanted. I hope to hell we land the right owner where there is no worry about relocation.
Silver has been so crystal clear that he never wants another Sonics situation again. He has said multiple times that they won't be moving any of the historic franchises and that he's only interested in expansion to new cities. Seriously, I think you have nothing to worry about let alone enough to say...
In fairness, we are all Blazers fans. Allow me Martin Walton Tails Ewing staying another year Bowie Oden Martell 13-14 Blazers 98-99 Blazers Neil Olshey Calabro and Hurd over The Mike’s Bert Kolde I could go on, but you get the gist
Yeah crazy how strong the Blazers fan following is with so little success on the court over the last 45 years. If anything the NBA should award Portland a second franchise.
This is the actual article https://www.nytimes.com/athletic/64...governors-meeting/?source=user_shared_article "As the NBA’s board of governors meets Tuesday afternoon at Las Vegas summer league, the subject of expansion is front and center for fan bases in Seattle, Las Vegas and other cities hoping to join the league. But the appetite for adding new teams might not be as strong as previously believed. Multiple senior team officials and people with knowledge of at least some owners’ thoughts have told The Athletic in recent days that while Seattle remains a top candidate for a new or potentially relocated team among owners, there is not overwhelming momentum among governors to immediately expand past the current 30 teams. Central to that reticence is the league’s new 11-year, $76 billion media rights deal, beginning next season, with new partners NBC, Peacock – NBC’s streaming service – and Amazon Prime, along with existing partners ABC and ESPN. Warner Bros. Discovery, which had broadcast NBA games since 1989, was left out of the new deal. Several owners would, at present, rather begin collecting and splitting the massive new revenues among the existing teams, rather than bringing in new partners that would also receive a cut of the financial pie." Commence the panic!
The league has stated they messed up by moving Seattle, so the tin foil hatters solution is to think the same league would be willing to alienate another loyal fan base (in this case, Portland) instead of moving an *actual* dumpster fire like New Orleans? Moving Portland to Seattle does only one thing. It kills the fan base in Portland and creates an even bigger gap between teams in the western conference.
It also would be silly to create a WNBA team in Portland and then move the NBA team to Seattle.... although maybe they think us weirdos in Portland will be fine with only a WNBA team?
