Nike’s Phil Knight gives final word on possibly buying Blazers’ franchise
ClutchPointsWednesday, May 14, 2025 at 4:12:33 PM

Nike co-founder Phil Knight has officially stated he has no interest in purchasing the Portland Trail Blazers, ending years of speculation about his potential involvement with the franchise. His statement comes as the team is officially up for sale.
What This Means: Knight’s decision removes a high-profile potential buyer from the Blazers' sale process, which could influence the team’s future ownership and direction. This reflects broader trends in sports franchise acquisitions, where local business leaders often face public pressure to invest in hometown teams.
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