Blazers are for Sale

Discussion in 'Portland Trail Blazers' started by CJ_is_Gone, May 13, 2025 at 9:58 AM.

  1. THE HCP

    THE HCP NorthEastPortland'sFinest

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    I didn’t say you couldn’t be happy……. I’m just asking WHY you are happy. You have NO clue who is buying this team.
     
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  2. tlongII

    tlongII Legendary Poster

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    Phil Knight is 87. Doesn't mean he's dying soon, but at that age you usually don't have a lot of time left.
     
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  3. BigGameDamian

    BigGameDamian Well-Known Member

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    Doesn’t Seattle have a ready to go arena?
     
  4. AldoTrapani

    AldoTrapani Well-Known Member

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    Phil Knight wanted something he couldn't have. Now that he could get it he doesn't want it anymore. Punk
     
  5. Predator

    Predator The Godfather

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    Glass half full vs glass half empty.

    and realistically that’s not even great analogy bc the odds of it being bad are pretty low

    we don’t have any idea who is buying the team, correct

    the odds of it being someone who moves the team (based on recent history) are pretty low, so the net positive outcome in my estimation is more likely than the nuclear option of the team being moved which is practically the only negative outcome (as it would be a true feat to be a worse owner than the current situation).

    so although I’m not OP, I’ll choose to be happy until proven otherwise
     
  6. PDXFonz

    PDXFonz I’m listening

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    Yeah, it’s on PA’s Yacht.
     
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  7. BoBoBREWSKI

    BoBoBREWSKI BURP!

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    kjironman1, SlyPokerDog and PDXFonz like this.
  8. PDXFonz

    PDXFonz I’m listening

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  9. Chris Craig

    Chris Craig (Blazersland) I'm Your Huckleberry Staff Member Global Moderator Moderator

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    Yeah, Climate Pledge Arena. They host preseason games there.
     
  10. Chris Craig

    Chris Craig (Blazersland) I'm Your Huckleberry Staff Member Global Moderator Moderator

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    How much are the Blazers worth? 3 billion-$3.5 billion maybe?

    So, they will do a bidding war like Boston did. Do you guys think it will sell for more? Wonder how many bidders the team will get?

    How long did Boston's sell take? I know it's still ongoing. I mean how long did it take for all the bids to be put in and then for the team to announce the winning bid?
     
  11. JFizzleRaider

    JFizzleRaider Yeast Lords Global Moderator

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    I'd be surprised if it doesn't go for 4 billion +
     
  12. Chris Craig

    Chris Craig (Blazersland) I'm Your Huckleberry Staff Member Global Moderator Moderator

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    If there are enough bidders I can see it being pushed there for sure.
     
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  13. blazerkor

    blazerkor Well-Known Member

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    The Celtics previous ownership announced their intent to sell in July of last year and finalized the deal (meaning they accepted) in March of this year. So 8 months.
     
  14. Chris Craig

    Chris Craig (Blazersland) I'm Your Huckleberry Staff Member Global Moderator Moderator

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    Crazy the former Celtics owner bought the team in 2002 for 360 million and sold it for 6 billion.
     
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  15. Chris Craig

    Chris Craig (Blazersland) I'm Your Huckleberry Staff Member Global Moderator Moderator

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    So we are looking at knowing who the new owner is in January.
     
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  16. AldoTrapani

    AldoTrapani Well-Known Member

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    Probably even have a better idea before then
     
  17. Chris Craig

    Chris Craig (Blazersland) I'm Your Huckleberry Staff Member Global Moderator Moderator

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    Yeah, I'm guessing we will know the bids and which his the highest before then.
     
  18. blazerkor

    blazerkor Well-Known Member

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    I don't think any two situations like this are exactly alike. I think we could know in a few weeks and then again thinking about how long this has been drawn out in terms of the seeming immediacy in Paul Allen's will maybe it drags on until summer 2026 or longer.

    It is the best comp we have but I don't know how meaningful that is.
     
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  19. Chris Craig

    Chris Craig (Blazersland) I'm Your Huckleberry Staff Member Global Moderator Moderator

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    Do you guys think the negatives of the franchise (being a small market, not a destination for big name free agents, our terrible luck, etc) will effect potential bidders desire to buy the team?
     
  20. julius

    julius I wonder if there's beer on the sun Staff Member Global Moderator

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    No. It's still one of 30 (potentially 32) franchises.
     

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