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.

The sale price remains unclear, but Dundon's group includes Portland CEO Sheel Tyle and the collective intends to keep the team in Portland.

Tom Dundon, owner of the NHL’s Carolina Hurricanes, confirmed Wednesday that he has agreed to buy the NBA’s Portland Trail Blazers.