Blog Entry

Owner Paul Allen: No plans to sell Blazers

Posted on: December 20, 2011 1:15 am
Edited on: December 20, 2011 2:21 am
 
Posted by Ben Golliverpaul-allen-portland

Dead the noise.

Portland Trail Blazers owner Paul Allen says his team is not for sale.

The billionaire co-founder of Microsoft addressed a select group of reports prior to the Blazers' preseason opener on Monday night, and left no doubt about his immediate commitment to his basketball franchise.

"I have no plans to sell the team," Allen said. 

The owner of a small-market team, Allen took a public hard-line during lockout negotiations, which fueled speculation that his stances were formulated out of a desire to increase his franchise value in anticipation of a sale. While Allen ruled out any immediate plans, he did hedge when asked to make a specific, long-term commitment to owning the team.

"There's so many things that go with it," Allen said. "Me, my health is a factor, other things are factors. I think at some point if I felt things were getting stale or if we were going to be a lottery team forever [or if] we went through a rebuilding process. Some of those years are tough, when you're winning 20-some games or whatever, those are tough years. If I felt like we were going right back into that, that would be a challenge."

Rather than rebuilding this season, Allen has reinvested in the Blazers by using the amnesty clause on guard Brandon Roy and quickly moving to sign free agents Jamal Crawford, Craig Smith and Kurt Thomas to fill out his bench. But he didn't necessarily rule out the rebuilding option for good. 

"I can't give you a definitive answer because I think every owner at some point thinks, 'OK, what's the future going to be?' You're starting to see some of the San Antonios and the Lakers who are getting towards the end of their championship windows and they're going to have to rebuild. Other people may decide… every year there's teams that have new ownership. We've got some new ownership in the league this last year."

Allen has battled, and beaten, non-Hodgkin's lymphoma in recent years and has also dealt with a heart ailment.

For now he's hanging in there.

"Good," Allen said. "I have periodic check-ups coming up in January but so far everything has been clean. Obviously I've gone through a lot of stuff these last few years. Coming down to the [Blazers] games helped me get through that process. The heart operation, the chemo[therapy], all those things. I feel in some ways closer to the team because of some of those periods."

Comments

Since: Dec 5, 2006
Posted on: December 20, 2011 7:43 pm
 

Owner Paul Allen: No plans to sell Blazers

I have to admire a man who has lost hundreds of millions of dollars in his Blazer ownership. Paul loves this game. He spends time nearly every day talking with his basketball people. That is why it is necessary for him to have a general manager he likes and trusts. He probes with questions. He expects answers. He listens very well for a billionaire. Just know what you are talking about. Tom Penn and Kevin Pritchard reportedly launched a plot to get Tom a big raise. It worked and then it backfired and the truth came out. Paul dealt with Tom immediately and Kevin eventually for the lie. He is no simpleton.

Paul does not need to sell the team. It continues to bring him joy and he remains engaged. Some have criticized him for that engagement. They are wrong. Just this past week Allen approved a use of the amnesty provision of the retired Brandon Roy. That move freed up salary cap money to sign Crawford. But it cost Allen dearly since Brandon would otherwise be qualified for insurance to cover a portion of his remaining salary. A process that required the team to keep Brandon until an independent doctor agreed with the career ending injury diagnosis. Can you say Crawford was worth an extra $25 million, receivable from the insurance? Neither can I but Paul Allen did because he is committed to bringing the best basketball possible to Portland.



Since: Dec 20, 2011
Posted on: December 20, 2011 11:20 am
 

Owner Paul Allen: No plans to sell Blazers

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Since: Jul 26, 2009
Posted on: December 20, 2011 3:11 am
 

Owner Paul Allen: No plans to sell Blazers

Only way he sells the team is if his health takes a turn for the worse. 



Since: Dec 7, 2011
Posted on: December 20, 2011 2:33 am
 

Owner Paul Allen: No plans to sell Blazers

Allen is a fan and wants to keep the team.



Since: Dec 7, 2011
Posted on: December 20, 2011 2:33 am
 

Owner Paul Allen: No plans to sell Blazers

Allen is a fan and wants to keep the team.



Since: Dec 7, 2011
Posted on: December 20, 2011 2:31 am
 

Owner Paul Allen: No plans to sell Blazers

Allen has a boatload of money. He is,not like the owner of the Kansas city Rolays, that makes his living off the team and has to squeeze every penny out of the team to send his grandkids to college. He must be a basketball fan. Usually these computer geeks were not good athletes in high school. Owning the Prtland team is part of his psche. He gets a lot of attention from it, gets to make the decisions. He gets to work with the people he likes. After all he hired them. Hopefully some day he will hire a general manager that will bring him a winning team. The Portland Trailblazers can be his hobby in his old age.



Since: Dec 7, 2011
Posted on: December 20, 2011 2:31 am
 

Owner Paul Allen: No plans to sell Blazers

Allen has a boatload of money. He is,not like the owner of the Kansas city Rolays, that makes his living off the team and has to squeeze every penny out of the team to send his grandkids to college. He must be a basketball fan. Usually these computer geeks were not good athletes in high school. Owning the Prtland team is part of his psche. He gets a lot of attention from it, gets to make the decisions. He gets to work with the people he likes. After all he hired them. Hopefully some day he will hire a general manager that will bring him a winning team. The Portland Trailblazers can be his hobby in his old age.



Since: Dec 7, 2011
Posted on: December 20, 2011 2:30 am
 

Owner Paul Allen: No plans to sell Blazers

 Allen has a boatload of money. He is,not like the owner of the Kansas city Rolays, that makes his living off the team and has to squeeze every penny out of the team to send his grandkids to college. He must be a basketball fan. Usually these computer geeks were not good athletes in high school. Owning the Prtland team is part of his psche. He gets a lot of attention from it, gets to make the decisions. He gets to work with the people he likes. After all he hired them. Hopefully some day he will hire a general manager that will bring him a winning team. The Portland Trailblazers can be his hobby in his old age. 


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