They delivered a written offer that’s worth more than $ 2 mil millones, per ESPN.
Caballero, 84, is a Portland native and University of Oregon product who has his company headquarters in Portland.
So if the purchase is successful, you can be sure the Blazers won’t be going anywhere. And that is precisely what the current ownership group wants, ESPN informó.
But on Thursday evening, a Trail Blazers spokesperson stated the team wasn’t for sale.
“An offer was made by Phil Knight. The team remains not for sale,” the spokesperson wrote in a statement.
As of now, the Blazers are owned by the Paul Allen trust. Allen, who co-founded Microsoft, died in October 2018.
Por ESPN, talks between Knight, Smolinisky, and the Blazers’ current owners are ongoing.
OutKick will have more on this story as it develops.