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Phil Knight, Dodgers Owner Make $2 Billion Bid for Trail Blazers

Phil Knight, founder of Nike, and Alan Smolinisky, part-owner of the Los Angeles Dodgers, have made an offer to buy the Portland Trail Blazers. The amount is reported to exceed $2 billion. The Blazers are currently owned by Jody Allen, sister of former owner Paul Allen, who passed away from cancer in October of 2018. Adrian Wojnarowski of ESPN broke news of the reported offer via Twitter.

Nike founder Phil Knight and Dodgers co-owner Alan Smolinisky have made a $2 billion-plus written offer to purchase the Portland Trail Blazers, sources tell ESPN.