Carolina Hurricanes Owner Tom Dundon Agrees To Purchase Trail Blazers For $4 Billion originally appeared on Fadeaway World. Carolina Hurricanes owner Tom Dundon has reportedly struck a massive deal to acquire the Portland Trail Blazers from the late Paul Allen’s estate for over $4 billion, according to ESPN’s Shams Charania.

Dundon confirmed the sale while declining to comment on the exact transaction value, saying he was “ very excited .” The estate of billionaire Paul Allen announced the Blazers were formally up for sale in May,