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

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.

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

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 ...

At age 16, Larry Miller was sent to a juvenile correction center for gang violence. He spent the next four decades concealing ...

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 ...

(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 ...

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 ...

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 process of ...