Nike co-founder Phil Knight is no longer interested in purchasing the Portland Trail Blazers, he said in a statement Wednesday. “Five years ago, when I was a younger man, I had a great interest ...

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 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. “Five years ago ...

Allen’s directive has been to sell his sports and major holdings in the wake of his death in 2018. One sports holding is for ...

However, at my current age, I can confirm that I no longer have interest in acquiring the team," Knight said in a statement issued by Nike. Allen owned the Seattle Seahawks (NFL), Blazers and a 25 ...