Notice Oregon Issues Resolution To Keep Blazers In Oregon

barfo · Jun 21, 2025 at 11:11 AM

Hoopguru said: ↑

Yes, it's possible that Vulcan/Vale/Cercano could still purchase professional sports teams after selling the Trail Blazers and Seahawks, but it's important to understand the situation.
The Paul G. Allen Trust, currently managed by Jody Allen, is in the process of selling the Portland Trail Blazers, a sale that is expected to continue into the 2025-26 NBA season.
However, it's crucial to note that the Seattle Seahawks and the estate's 25% stake in the Seattle Sounders MLS team are not currently for sale.
Factors to Consider for Future Purchases:

Financial Resources: The proceeds from the eventual sale of the Trail Blazers, and potentially the Seahawks in the future, could provide significant capital for future investments, including other sports teams.

Estate Management's Strategy: Paul Allen's will stipulated that his sports holdings eventually be sold, with proceeds going to philanthropy. This suggests a possible shift in focus for the estate's investments.

Market Opportunities: The availability and attractiveness of other sports teams for sale would play a significant role in any potential future purchases.

Interest in Sports Ownership: While the current direction is towards selling, the entities managing the estate could still be interested in owning other sports teams in the future, if the right opportunity arises and it aligns with their overall strategy.

In summary: While the current focus is on the sale of the Trail Blazers, and the Seahawks are not currently for sale, the possibility of Vulcan/Vale/Cercano purchasing other professional sports teams in the future depends on a variety of factors related to the financial situation, the esta
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I doubt that the rules for the trust allow new purchases of long-term illiquid assets. That would be rather unusual, I think.

barfo

Hoopguru · Jun 21, 2025 at 11:21 AM

barfo said: ↑

I doubt that the rules for the trust allow new purchases of long-term illiquid assets. That would be rather unusual, I think.

barfo
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Yes you are probably correct.

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Notice Oregon Issues Resolution To Keep Blazers In Oregon

barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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Notice Oregon Issues Resolution To Keep Blazers In Oregon

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