Phil knight offers to buy blazers

Discussion in 'Portland Trail Blazers' started by Freshtown, Jun 2, 2022.

  1. illmatic99

    illmatic99 formerly yuyuza1

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    SNKRS is a Nike app where people by high-demand shoes. Hart is saying as a Blazer player/Phil Knight employee, he should be able to get the inside track on shoe releases, etc.
     
  2. Eastoff

    Eastoff But it was a beginning.

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  3. illmatic99

    illmatic99 formerly yuyuza1

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    i mean, it was a direct quote from Phil, but yes. By Ben Golliver.
     
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  4. Mr. Robot

    Mr. Robot Well-Known Member

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    surely, jody allen will sell it to the local (very rich guy) guy who want to keep the team in portland

    or maybe she doesnt give a fuck and sells the franchise to the highest bidder
     
  5. TBpup

    TBpup Writing Team

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    With Knight's age, there would almost absolutely be some type of succession plan in place upon purchase. Same would likely be the case if Ellison bought the team....with his son as future owner.
     
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  6. illmatic99

    illmatic99 formerly yuyuza1

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    and philanthropic with no obvious scandals/skeletons.

    I'm on board!
     
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  7. illmatic99

    illmatic99 formerly yuyuza1

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    this is her fiduciary obligation. the previous news cited a potential auction to find the highest bidder. but i'm sure adam silver would rather the team be sold to a group headlined by Knight. Will be interesting to see if any other groups make a written bid like this one.
     
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  8. riverman

    riverman Writing Team

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    No problem with Phil buying the franchise ...now let Mathew Knight Arena become the next home of the Eugene Stampede!!!!! I'll buy season tickets if he does!
     
    Last edited: Jun 2, 2022
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  9. tlongII

    tlongII Legendary Poster

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    Phil has a net worth over $43 B so this isn't that big of a deal to him I think.
     
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  10. theprunetang

    theprunetang Shaedon "Deadly Nightshade" Sharpe is HIM

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  11. Eastoff

    Eastoff But it was a beginning.

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    Whenever I read it, I reflexively want to quote it.
     
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  12. RR7

    RR7 Well-Known Member

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    If she sells immediately, then technically this is the highest bidder!!

    Please. Please.
     
  13. Scalma

    Scalma Well-Known Member

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    Luxury tax won’t mean shit to Knight btw. We’re also gonna have 7 statement jerseys.
     
  14. Eastoff

    Eastoff But it was a beginning.

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    I could imagine them avoiding it because of conflicts of interest.
     
  15. tlongII

    tlongII Legendary Poster

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  16. TBpup

    TBpup Writing Team

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    Adidas will have to pay Dame MORE money....
     
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  17. illmatic99

    illmatic99 formerly yuyuza1

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    Woj says 2 billion "plus"

    The highest sales for NBA franchises without considering inflation have been:

    1. Brooklyn - $ 3.3 billion - Joe Tsai, 2019
    2. Houston - $2.2 billion- Tillman Fretitta, 2017
    3. Clippers - $2.0 billion- Balmer, 2014
    4. Utah - $1.6 billion- Ryan Smith, 2020
    5. Minny - $1.5 billion - ARod et al., 2021


    This sale could potentially be the second highest true valuation the league has ever transacted if it goes through.
     
  18. illmatic99

    illmatic99 formerly yuyuza1

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    i hope so, just worried about the $3 billion number being floated in the Canzano pieces. I hope he's wrong as always.
     
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  19. Scalma

    Scalma Well-Known Member

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    “Discussions ongoing”

    Aka it’s gonna happen.
     
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  20. BigGameDamian

    BigGameDamian Well-Known Member

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    Or Dame gets traded….Expect the unexpected. I don’t think anyone knows what will happen.
     

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