Paul Allen - Sports - Portland Trail Blazers

Portland Trail Blazers

Allen purchased the Portland Trail Blazers NBA team in 1988 from California real estate developer Larry Weinberg for $70 million. He was also instrumental in the development and funding of their Rose Garden in 1993. The Blazers are valued at approximately $300 million according to a 2006 issue of Forbes. Allen has been asking Portland and Oregon officials for assistance in the financing of the Blazers since 2006, which he estimated would lose $100 million over the next three years. Then-Portland Mayor Tom Potter rebuffed the requests. Allen announced the completion of the acquisition of the Rose Garden on April 2, 2007, and stated that this was a major milestone and a positive step for the franchise. He said, “My efforts are focused on continuing to support the Trail Blazers and the long-term financial health of the franchise." As of 2010, according to a 2011 issue of Forbes, the Portland Trail Blazers were worth $356 million, ranked No. 14 out of 30 NBA teams.

Read more about this topic:  Paul Allen, Sports

Other articles related to "portland trail blazers, trail blazers, portland, blazers":

List Of 2007–08 NBA Season Transactions - Free Agency
... Boston Celtics Atlanta Hawks Steve Blake Portland Trail Blazers Denver Nuggets Andre Brown Memphis Grizzlies Seattle SuperSonics Devin Brown Cleveland Cavaliers New Orleans Hornets Calvin Booth Philadelphia 76ers ...
Portland Trail Blazers - Media - Press Relations
... See also Trail Blazers vs ... Several local news outlets provide in-depth coverage of the Trail Blazers ... the assignment of beat writers to cover the team) include the Portland Tribune, a weekly Portland paper, and the Vancouver, Washington Columbian ...
Comcast Sports Net Northwest - Programming - Portland Trail Blazers
... After the Trail Blazers dismantled their pay-per-view network BlazerVision in 2001, the team's games were shown on FSN Northwest through the 2006–07 season ... season FSN did not renew their contract with the Blazers, so Comcast SportsNet Northwest stepped in to replace FSN Northwest ... Northwest carried at least 55 regular-season Trail Blazers games ...
List Of National Basketball Association Career Blocks Leaders
2003–2008) Los Angeles Clippers (2008–2010) Portland Trail Blazers (2010–2012) Houston Rockets (2012) New York Knicks (2012–2013) Toronto Raptors. 1995–1997) Philadelphia 76ers (1997–2001) Atlanta Hawks (2001–2004) Portland Trail Blazers (2004–2006) Boston Celtics (2006) Minnesota Timberwolves (2007–2008 ... Robinson PF Portland Trail Blazers (1989–1997) Phoenix Suns (1997–2001) Detroit Pistons (2001–2003) Golden State Warriors (2003–2005) New Jersey Nets (2005 ...
List Of National Basketball Association Career Free Throw Scoring Leaders
... Cleveland Cavaliers (1972–1974) Portland Trail Blazers (1974–1975) 5,394 6,973.774 23 Ewing, PatrickPatrick Ewing* C New York Knicks (1985–2000) Seattle SuperSonics (2000–2001) Orlando Magic (2001. 4,718 6,264.753 37 Drexler, ClydeClyde Drexler* SG Portland Trail Blazers (1983–1995) Houston Rockets (1995–1998) 4,698 5,962.788 38 Archibald, Nate "Tiny"Nate "Tiny" Archibald* PG ...

Famous quotes containing the words portland and/or trail:

    It is said that a carpenter building a summer hotel here ... declared that one very clear day he picked out a ship coming into Portland Harbor and could distinctly see that its cargo was West Indian rum. A county historian avers that it was probably an optical delusion, the result of looking so often through a glass in common use in those days.
    —For the State of New Hampshire, U.S. public relief program (1935-1943)

    The trail of the serpent reaches into all the lucrative professions and practices of man. Each has its own wrongs. Each finds a tender and very intelligent conscience a disqualification for success. Each requires of the practitioner a certain shutting of the eyes, a certain dapperness and compliance, an acceptance of customs, a sequestration from the sentiments of generosity and love, a compromise of private opinion and lofty integrity.
    Ralph Waldo Emerson (1803–1882)