While Knight certainly has the money to make the purchase—Paul Allen bought the Blazers for $70 million in 1988; Forbes currently values the team at $3.5 billion—it's the interest that may no ...

Knight said in a statement Wednesday that he no longer has interest in purchasing the Trail Blazers. The 87-year-old cited his age as the biggest reason for not pursuing a purchase.

PORTLAND, Ore. (AP) — Nike co-founder Phil Knight said Wednesday he is not interested in buying the Portland Trail Blazers, who are up for sale. Paul Allen’s estate said Tuesday it has begun ...

Oregon Ducks coach Dan Lanning beams with gratitude when he talks about Nike co-founder and Ducks donor Phil Knight. Yes, in part to the financial impact that the billionaire Knight has had on the ...

PORTLAND, Ore. — Phil Knight, co-founder of Nike, reportedly confirms he is no longer interested in buying the Portland Trail Blazers, following Tuesday's announcement that the NBA franchise is ...

Jody Allen reportedly rebuffed Knight’s offer to buy the Blazers for more than $2 billion in 2022. At that time, there were no ongoing discussions about the sale of the teams, she said in a rare ...