Nike’s iconic founder may soon be the owner of the Portland Trail Blazers.
Nike's Phil Knight and Los Angeles Dodgers co-owner Alan Smolinsky have placed an offer to purchase the Trail Blazers for more than $2 billion, according to ESPN’s Adrian Wojnarowski.
The sale has not been finalized, and discussions of the potential sale are reportedly still ongoing.
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. Discussions are ongoing with the Paul Allen trust that's overseeing ownership of team.