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NBA Board of Governors Approves Sale of Trail Blazers to Investor Group Led by Tom Dundon
News•Mar 30, 2026

NBA Board of Governors Approves Sale of Trail Blazers to Investor Group Led by Tom Dundon

The NBA Board of Governors has approved the sale of a controlling interest in the Portland Trail Blazers to an investor group led by Tom Dundon. Dundon will assume the role of the franchise’s Governor, and the transaction is slated to close within the week. The approval follows a recent wave of high‑profile NBA ownership changes, signaling continued investor interest in the league’s assets. The deal positions the Trail Blazers for potential strategic and financial upgrades under new leadership.

By NBA Communications