Portland Trail Blazers for sale June 2025! Allen estate confirms, new era dawns. Team continues NBA draft prep (Diawara, Gregg) amidst ownership change.
StatPro NBA Beat Reporter
Rip City, buckle up! Thursday brought monumental news: the Portland Trail Blazers are officially on the market. This long-anticipated move, confirmed by the Allen family estate, signals the end of one chapter and the thrilling, uncertain beginning of another. As this ownership transition gets underway, the front office isn't sitting idle, with draft workouts continuing at a brisk pace.
The sale is 'consistent with Allen's directive to eventually sell his sports holdings' with proceeds intended for philanthropic causes.
The news dropped in May 2025, but today's official confirmation reverberates through the fanbase: the Portland Trail Blazers are for sale. This development has been a topic of speculation since Paul Allen's passing in 2018, with the team operated by his estate and Jody Allen serving as trustee. The franchise statement emphasized that this move aligns with Allen's wishes, with proceeds earmarked for philanthropic efforts. The sale process is expected to extend through the 2025-2026 season, culminating in NBA board of governors' ratification. For fans, this means a period of anticipation and perhaps a little anxiety, wondering who will next steward our beloved Blazers.
While the ownership news dominates headlines, the crucial work of building next season's roster continues. The Blazers, armed with the 11th pick in the upcoming NBA Draft (thanks, lottery gods, for not being *too* cruel after Dallas snagged #1!), are busy evaluating talent. French forward Mohamed Diawara completed his pre-draft workout with the team on June 3rd, showcasing his potential. Adding a local flavor, Gonzaga's Ben Gregg, a Portland native who grew up cheering for the Blazers, also worked out for the team. It's always special to see a hometown kid get a shot, and Gregg's presence undoubtedly resonated with the local faithful. These workouts are key as the team looks to inject fresh talent after a challenging 2024-25 campaign.
Speaking of the 2024-25 season, it was a mixed bag, ending with a 36-46 record and a 12th place finish in the competitive Western Conference under Coach Chauncey Billups. While the record wasn't what we hoped for, there were certainly bright spots. Remember that dominant 141-88 thrashing of Charlotte on February 22nd? A 53-point victory! Or the solid 119-90 win against Orlando in January. The team even strung together a four-game winning streak in late February, taking down the Jazz, Wizards, and Nets. Capping off the season with a convincing 109-81 victory over the Lakers provided a positive note to end on, but the overall record underscores the need for the strategic additions the team is currently pursuing via the draft.
With the franchise officially on the market and the draft just around the corner, Rip City is bracing for a period of significant change. The coming months will be crucial in shaping the future identity and direction of the Trail Blazers. Stay tuned, because the offseason is just getting started, and it promises to be anything but boring.
