Truth & Rumors > NBA

Allen not selling Blazers

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08:04 AM ET 10.22 | Paul Allen took a starring role in the NBA lockout as accounts of Thursday's breakdown in negotiations between players and owners spread Friday. But contrary to several accounts, the Trail Blazers owner did not personally deliver an ultimatum on Thursday to the NBA players union, a top league official said Friday night. In fact, Allen did not speak during a session between a group of owners and player representatives that was overseen by a federal mediator, Deputy NBA Commissioner Adam Silver said in a telephone interview with The Oregonian. Also Friday night, Blazers president Larry Miller rejected the contention, contained in one account of the Thursday mediation session on a national website, that Allen was positioning the team for sale. "Absolutely the team is not for sale," Miller said from New York, where he has been attending bargaining sessions as the team's representative on the league's labor relations committee. "Paul is just as committed to the team as he was when he purchased the team 23 years ago," Miller said.

The Oregonian

Paul Allen, Icon SMI Paul Allen, Icon SMI
October 22, 2011  10:52 AM ET

Time To Reboot The Franchise, Bro.

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October 22, 2011  04:02 PM ET

Mr. Allen's never been one to cry about spending/losing money. No reason he can't expect to break even yearly.

October 22, 2011  06:14 PM ET
QUOTE(#5):

Mr. Allen's never been one to cry about spending/losing money. No reason he can't expect to break even yearly.

He's doing a lot more than" breaking even." A billionaire doesn't hold an investment for 23 years to break even.

October 22, 2011  11:17 PM ET

I wouldn't be surprised if Allen bailed on the NBA. He has been disenchanted with it since Seattle moved to OKC Don't forget he was born, raised and still lives in Seattle. Perhaps he is thinking if he dumped the Blazers he could be part of a group to bring the NBA back to Seattle.

Of course that won't happen until David Stern is dead, buried and his grave purified with fire.

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October 23, 2011  08:44 AM ET

Thanks to the owners who put up the money and take all the risk. Making money is why you create a business. It's not greedy to want a substantial return on your investment...that's why people create businesses. There are thousands of players out there, but only a handful of people who have the money to own a team. The players make an average of $5 Million a year, but now they want a deal that pays them $7 million. Good luck, in this economy.

Comment #12 has been removed
October 23, 2011  12:25 PM ET
QUOTE(#6):

He's doing a lot more than" breaking even." A billionaire doesn't hold an investment for 23 years to break even.

Dude has other businesses. He's lost a good bit over the years, perhaps look into it before flapping the gums?

 
October 23, 2011  05:11 PM ET
QUOTE(#6):

He's doing a lot more than" breaking even." A billionaire doesn't hold an investment for 23 years to break even.

Actually he has lost close to a billion dollars since purchasing the team. That's what this lockout is all about. Small market teams that win every year and sellout every game should be able to start making a profit if the owners win this lockout. It's the small market owners like Allen and Peter Holt who are sticking to their guns on this. Big market owners like Jerry Buss and James Dolan would have taken the players 53-47 deal.

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