The Portland Trail Blazers have found a new ownership group led by Tom Dundon, a businessman with diverse investments in sports and entertainment who has committed to keeping the team in Portland. The Paul Allen estate has reached a tentative agreement with Dundon and a group of investors in a deal reportedly exceeding $4 billion.

Tom Dundon is buying the NBA’s Portland Trail Blazers, he told CNBC in an interview. The Dallas businessman is chairman and founder of Dundon Capital Partners. He ― along with a group of investors ― will reportedly buy the team at a valuation of around $4 billion.

Brandon Sprague of 105.1 The Fan joins the show to play a game, predicting the Trail Blazers 2025-26 season outlook by playing the over/unders for the year.