It's going to take a person or group of people with the means to pay 10 figures to purchase the Trail Blazers.

Nike co-founder Phil Knight will not make a bid to buy the Portland Trail Blazers, the 87-year-old said in a statement shared Wednesday by The Athletic's Mike Vorkunov.

Nike co-founder Phil Knight said Wednesday he is not interested in buying the Portland Trail Blazers, who are up for sale. Paul Allen’s estate said Tuesday it has begun the process of finding a new ...

Nike co-founder Phil Knight confirms he is stepping away from efforts to buy the Portland Trail Blazers, as the NBA franchise prepares for a formal sale process.

Nike co-founder Phil Knight is no longer interested in purchasing the Portland Trail Blazers, he said in a statement Wednesday. “Five years ago, when I was a younger man, I had a great interest ...

Nike co-founder Phil Knight said Wednesday that he is not interested in buying the Portland Trail Blazers, who are up for sale. Paul Allen’s estate said Tuesday that it has begun the process ...

Nike founder and chairman emeritus Phil Knight believes it's too late in the game for him to buy an NBA franchise.

The Portland Trail Blazers announced Tuesday the estate of late owner Paul Allen "commenced a formal sales process" for the franchise.

Allen’s directive has been to sell his sports and major holdings in the wake of his death in 2018. One sports holding is for ...

Nike Inc. cofounder Phil Knight has repeatedly expressed interest in buying the Portland Trail Blazers, but now that it’s finally for sale, he has decided to pass on the chance to own the NBA ...

PORTLAND, Ore. -- Nike co-founder Phil Knight said Wednesday that he is not interested in buying the Portland Trail Blazers, who are up for sale. Paul Allen's estate said Tuesday that it has begun ...