The Portland Trail Blazers are officially for sale. The estate of Paul Allen, the franchise's late owner, announced May 13 it has commenced a formal sales process for the team. The investment bank ...

An NBA franchise is officially heading to the open market. The Portland Trail Blazers are being put up for sale, it was announced Tuesday. The team said in a statement that the estate of late owner ...

Peter Seidler purchased the San Diego franchise in 2012 for $800 million. He acted as chairman for the Padres from that point ...

Two weeks after the Boston Celtics won their 18th title in franchise history, the future of the organization is in question. Celtics majority owner Wyc Grousbeck is planning to make the franchise ...

The Celtics now know who their new owners will be going forward, ushering in a new era for the winningest franchise in the NBA. The Celtics are being sold to William Chisholm, managing partner of ...

After rumors about a potential sale, the Ottawa Senators have officially been put on the market. Senators Sports & Entertainment released a statement on Friday announcing the NHL franchise is for sale ...

The Washington Commanders are getting new owners. Per CBS Sports NFL Insider Jonathan Jones, Dan Snyder has an agreement in place to sell his NFL club to Josh Harris and his group, which includes NBA ...

The Connecticut Sun are looking at all options for the franchise’s future, including a potential sale, team president Jen Rizzotti said Tuesday. The team is owned by the Mohegan Tribe, which runs the ...