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James Allen

Carolina Hurricanes Owner Tom Dundon Agrees to Buy the Portland Trail Blazers for $4 Billion

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

Carolina Hurricanes Owner Tom Dundon Agrees to Buy the Portland Trail Blazers for $4 Billion
dennis03

F1 cars are covered in “Beer” ads, isn't it weird? 😂🤔

Have you watched Formula 1 and noticed all those beer logos on the cars? The "0.0% Beer" thing, non-alcoholic stuff. Heineken 0.0, Peroni 0.0, Estrella 0.0, everywhere. Actually it’s a smart way to get around strict advertising rules in the 21 countries F1 races in, plus all the others where the broadcast goes. By showing “0.0” instead of their regular beer, the big brands keep their names on screen without breaking local laws that ban alcohol ads. You know in places like France, the rules are so tight that even a non-alcoholic logo can be banned if it reminds people of the real thing. It’s not a new idea either. Tobacco companies used similar tricks when cigarette ads were banned. The non-alcoholic beer push is basically the modern version, just with a $17 billion global market behind it. Quite ironic -- you can see these beer brands being plastered everywhere around the racing circuit. #Formula1 #MarketingHacks #Beverages #F1fans #SportsBusiness #Branding #Cars

F1 cars are covered in “Beer” ads, isn't it weird? 😂🤔
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