It's going to take a person or group of people with the means to pay 10 figures to purchase the Trail Blazers.

Nike co-founder Phil Knight will not make a bid to buy the Portland Trail Blazers, the 87-year-old said in a statement shared Wednesday by The Athletic's Mike Vorkunov.

Oregon Ducks legend and Nike co-founder Phil Knight has opened up about his potential involvement in purchasing the Portland Trail Blazers.

PORTLAND, Ore. (AP) — Nike co-founder Phil Knight said Wednesday he is not interested in buying the Portland Trail Blazers, ...

The Portland Trail Blazers are for sale. The estate of former owner Paul Allen announced Tuesday that it has begun a process to sell the franchise that is expected to bleed into the 2025-26 season. It ...

Nike co-founder Phil Knight confirms he is stepping away from efforts to buy the Portland Trail Blazers, as the NBA franchise prepares for a formal sale process.

The Portland Trail Blazers are up for sale, but Nike co-founder Phil Knight says he’s not buying. When Paul Allen’s estate announced Tuesday that it had begun the process of selling the NBA team, ...

Nike co-founder Phil Knight will not be the next owner of the Portland Trail Blazers.  On Tuesday, the estate of late Microsoft cofounder Paul Allen said it was finally selling the team. Allen died ...

Nike founder and chairman emeritus Phil Knight believes it's too late in the game for him to buy an NBA franchise.

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

Nike Inc. cofounder Phil Knight has repeatedly expressed interest in buying the Portland Trail Blazers, but now that it’s finally for sale, he has decided to pass on the chance to own the NBA ...