Other Sports and Business Interests
In 2006, Porter led an investor group attempting to purchase the then-troubled Portland Trail Blazers from owner Paul Allen. Porter teamed with Rob Kremer, a local talk-show personality and former investment banker, and Todd Stucky, a local businessman and longtime Porter friend, to raise the necessary capital to buy the team. Porter's buyout team was joined by George Postolos, who had recently resigned as CEO of the Houston Rockets, and who brought with him a lead investor to round out the Porter investor team package. After the 2006 draft in which the Trail Blazers significantly upgraded their personnel through a series of trades by Blazer executive Kevin Pritchard, Paul Allen appeared to renew his interest in the team, and removed it from the market.
Porter joined the Trail Blazers television broadcasting team before the start of the 2010–2011 season.
Read more about this topic: Terry Porter
Famous quotes containing the words sports, business and/or interests:
“Guys do not have a genetic blueprint that allows them to understand or love sports.”
—Lesley Visser, U.S. sports reporter and announcer. As quoted in Sports Illustrated, p. 82 (June 17, 1991)
“The most sensible people to be met with in society are men of business and of the world, who argue from what they see and know, instead of spinning cobweb distinctions of what things ought to be.”
—William Hazlitt (1778–1830)
“Because mothers and daughters can affirm and enjoy their commonalities more readily, they are more likely to see how they might advance their individual interests in tandem, without one having to be sacrificed for the other.”
—Mary Field Belenky (20th century)