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Tom Dundon

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Dundon’s Frugal Playbook Signals a New NBA Ownership Era
business4 hours ago

Dundon’s Frugal Playbook Signals a New NBA Ownership Era

Portland’s new owner Tom Dundon is aggressively cutting costs—whether by skipping playoff T-shirts, not bringing Two-Way Contract players to postseason games, or reportedly lowballing a head coach’s salary—patterns that the piece argues could foreshadow a broader, profit-focused shift in NBA ownership as franchise values rise and owners seek faster returns. This creates tension around player development, coaching credibility, and the sustainability of a competitive team culture.

Dundon’s Frugal Playbook Rewrites the Blazers’ Culture
sports11 hours ago

Dundon’s Frugal Playbook Rewrites the Blazers’ Culture

Portland’s new owner Tom Dundon is slashing non-essential costs—such as travel and staff expenses—and overseeing an expansive coaching search, arguing the priority is winning and efficiency. The approach has sparked backlash and morale questions inside the organization, but insiders say Dundon believes this frugality will pay off, with promises to spend on the roster when needed.

Portland Snubs Two-Way Players on Playoff Road Trip to San Antonio
sports-basketball1 day ago

Portland Snubs Two-Way Players on Playoff Road Trip to San Antonio

Portland did not bring its two-way players Caleb Love, Chris Youngblood and Jayson Kent on the road for the first two games of its playoff series in San Antonio, a move Sean Highkin calls “outside standard practice” and tied to owner Tom Dundon’s cost-cutting reputation; two-way players aren’t postseason eligible but are typically on road trips, while Love and Sidy Cissoko had contributed during injury-plagued stretches; the piece also notes broader budget concerns around coaching hires and staff costs.

Dundon-Led Coalition Takes Control of Trail Blazers, Vowing a New Era
sports21 days ago

Dundon-Led Coalition Takes Control of Trail Blazers, Vowing a New Era

The NBA Board of Governors approved the sale of the Portland Trail Blazers to a Dundon-led coalition, with the transfer becoming official today. The new ownership group, calling itself Rip City Rising, will be led by Dundon as Governor alongside a panel of partners. They pledge to relentlessly pursue a team that can compete at the highest level and to elevate the fan experience as the franchise transitions into this new chapter as the current season winds down.

Dundon-led bid approved to buy Portland Trail Blazers in about $4.25B two‑part deal
sports22 days ago

Dundon-led bid approved to buy Portland Trail Blazers in about $4.25B two‑part deal

Unanimous approval from the NBA Board of Governors paves the way for Tom Dundon’s group to purchase the Portland Trail Blazers for roughly $4.25 billion. The sale will close in two parts, the first on March 31, 2026 and the second no later than September 1, 2028. The move follows Paul Allen’s estate putting the team up for sale in 2025; Dundon, who also owns the Carolina Hurricanes, is set to lead the franchise’s next chapter for Rip City.

business8 months ago

Tom Dundon to Acquire Portland Trail Blazers in $4 Billion Deal

Carolina Hurricanes owner Tom Dundon, along with a group including Marc Zahr and Sheel Tyle, has reached a tentative agreement to buy the Portland Trail Blazers from Paul Allen’s estate, with plans to keep the team in Portland. The deal, valued at approximately $3.6 billion, requires NBA approval and is part of the estate's plan to sell assets for philanthropy following Allen's death in 2018.