Dundon confirmed the sale while declining to comment on the exact transaction value, saying he was “ very excited .” The estate of billionaire Paul Allen announced the Blazers were formally up for sale in May,

The new owners of the Portland Trail Blazers will soon face a high-stakes decision: renovate the Moda Center or build a new arena.

Just as Tom Dundon is being introduced to the Trail Blazers fan base, the fan base needs to be introduced to Mr. Dundon.