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 ...

Knight, 87, along with Alan Smolinisky, a minority owner of the Los Angeles Dodgers, reportedly made an offer in 2022 of just over $2 billion to purchase the Blazers from the estate of Paul Allen ...

John Canzano joins KGW to react to the Portland Trail Blazers sale, what it means for fans and what could be next for Jody Allen, Phil Knight and the team.

Knight made a $2 billion bid for the Blazers in 2022. At that time, Jody Allen, the controlling owner on behalf of Paul Allen’s estate, made clear that the franchise was not for sale , and ...

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.