Knight, formerly the chairman and CEO of Nike, is now the chairman emeritus of the company at age 87. A native of Portland, he has an estimated net worth of over $30 billion, per Forbes .

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 ...

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 ...

The post Nike’s Phil Knight gives final word on possibly buying Blazers’ franchise appeared first on ClutchPoints. Nike co-founder Phil Knight has ruled out any interest in purchasing the ...

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 ...

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 ...

(AP Photo/Ryan Kang, File) PORTLAND — 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 ...