According to ESPN and Sportico, Tom Dundon—owner of the NHL's Carolina Hurricanes—has reached a tentative agreement to purchase the Portland Trail Blazers from the Paul G. Allen estate at a valuation exceeding $4 billion. Key points: Dundon is leading an investor group that includes Marc Zahr and Portland-based Sheel Tyle. Despite change in ownership, the Blazers will remain in Portland, much to local fans' relief. The sale still needs approval from the NBA’s Board of Governors, and the value reflects the rapidly appreciating worth of NBA franchises in recent years. What does this mean for the Blazers’ future and the league’s landscape as a whole? #NBA #TrailBlazers #Portland #SportsBusiness #NBANews #Sports