Numerous factors will play into the sales process, which the estate of Paul Allen said could last well into next season.

"The estate of Paul G. Allen today announced it has commenced a formal sales process for the Portland Trail Blazers NBA franchise, consistent with Allen's directive to eventually sell his sports ...

The estate of late Portland Trail Blazers owner Paul Allen has formally put the team up for sale with the proceeds going to philanthropic endeavors, the team announced Tuesday.

In alignment with the late Paul Allen’s directive, all proceeds from the sale of the Portland Trail Blazers will go to philanthropic endeavors.

Paul Allen’s estate announced Tuesday that it has begun the process of selling the Portland Trail Blazers. The sale of the team is “consistent with Allen’s directive to eventually sell his ...

The estate of Paul G. Allen on Tuesday announced plans to sell the Portland Trail Blazers franchise. Natalie King, Blazers senior vice president of communications and public affairs, sent an email ...

PORTLAND, Ore. -- Nike co-founder Phil Knight said Wednesday that he is not interested in buying the Portland Trail Blazers, who are up for sale.