The NBA ownership carousel kept spinning on Tuesday, with private equity billionaire Tom Dundon agreeing to buy the Portland Trail Blazers for just over $4 billion from Paul Allen's estate. The league also approved Bill Chisholm's purchase of the Boston Celtics,

One of the NHL's more prominent owners has agreed to purchase the Western Conference NBA team in a move that could shake up the franchise.

Tom Dundon, the owner of the Carolina Hurricanes, has reached an agreement to purchase the NBA’s Portland Trail Blazers, according to multiple reports. Sportico first reported the deal. The Blazers are owned by Paul Allen’s estate and the plan is to keep the team in Portland,