Nike founder Phil Knight was very interested in purchasing the Portland Trail Blazers three years ago. Now that the franchise is actually for sale, he has changed his mind.

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 ...

It was an obvious slap at Phil Knight, who's 87 years old, saying, 'Good luck trying to get this franchise.' But now, it's finally for sale.

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 ...

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.