Formal agreement in place to sell the track blazers to Tom Dundon

The Portland Trail Blazers franchise will be sold to a group led by the owner of Carolina Hurricanes Tom Dundon.
The price of the sail should exceed $ 4 billion, as Dundon will have its second professional sports team.
Dundon admitted last month to be “very enthusiastic” of the sale.
Trail Blazers’ evaluation is listed at 3.65 billion dollars according to the latest official assessments of the NBA CNBC team.
Dundon purchased a participation in the hurricanes in 2017 and became the owner of the majority of the team in 2018, since the franchise saw an unparalleled success from his arrival.