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 said Wednesday he is not interested in buying the Portland Trail Blazers, which is up for sale.

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.

Siblings and co-owners Lisa Bhathal Merage and Alex Bhathal, right, stand on stage during a groundbreaking event for the ...

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.

Paul Allen's estate took control of the Trail Blazers in 2018 when the billionaire died, and there has been speculation about ownership plans since.

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 ...

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 ...

Nike co-founder Phil Knight has confirmed that he is not interested in purchasing the Portland Trail Blazers, which are currently for sale.