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
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