Portland Trail Blazers

The Portland Trail Blazers have a new owner after Tom Dundon, who also heads up NHL franchise the Carolina Hurricanes, completed his takeover of the NBA side in a significant deal that reshapes the Oregon outfit's future. Dundon's acquisition marks a major shift in leadership for the Trail Blazers, who will now operate under fresh ownership as they look to rebuild their roster and compete in the Western Conference. The move adds another major sports property to Dundon's portfolio and signals serious investment in the franchise's direction moving forward.