Report: Paul Allen entertaining offers for Seahawks, Blazers

AP

Dwight Jaynes of Comcast Sports Northwest recently dropped a bombshell regarding the status of the Seattle Seahawks and their basketball cousins, the Portland Trail Blazers.

Jaynes says that there is a “persistent rumor” that both franchises are available, and that the two teams and the arena in which the NBA team plays can be had for $2 billion.

Tuesday, he reiterated the contention on KJR radio in Seattle.

NBA Commissioner David Stern has since said that the TrailBlazers are not for sale.  “We know all the investment bankers, all the prospective purchasers, because many of them come through us,” Stern said, told the Oregonian (via SportsBusiness Daily).  “And I have been definitively told by Paul ‘Do not send any to us.'”

Allen has owned the Blazers since 1988 and the Seahawks since 1997.

62 responses to “Report: Paul Allen entertaining offers for Seahawks, Blazers

  1. And if you had bothered to look at Paul Allen’s twitter stream, you’d see that he specifically said they’re not for sale, period.

    I’m afraid Dwight’s sources are messing with him

  2. Dwight Jaynes is a punch line here in PDX. Given there isn’t much to report on here, but the guy is constantly grabbing at straws. I’m sure every town/city has a journalist like this: washed up, old newspaper guy, desperate to stay relevant, and the like.

  3. It is Allen’s right to do what he wishes since he is the owner. I hope he gets as much as he can for both teams.

    The new owner should come in and totally redo the Seahawks uniforms with a new color scheme b/c their unis have always made me nauseous.

  4. Hello LA Seahawks! Ok, I know that will likely not happen. Just wanted to throw it out there. By the way, How much money did Paul Allen put into his new stadium? That’s not that new.

  5. Thank God!!!

    This is one of the dumbest people in sports ownership!!! Trust me!!! He happened to be a part of the Microsoft team while it got rich and as Bill Gates’ friend he got to pig out a lot!!!

    But, he’s bad for the Seahawks because (according to Rich Eisen back in 2010 while interviewed on “The Dan Patrick Show”) he rarely attends the owners’ meetings and hired Pete Carroll in hastily and chaotic manner!!!!

    Btw, as the Blazers’ owner his team was filled with so many legally troubled players they got the nickname “The Jail Blazers”!!! You want that guy owning your football team???

  6. Seahawks aren’t moving regardless…One of the most profitable teams in the NFL with the best fans. Not good news for a team on the uprise.

  7. Pete Carroll would be a lost soul if new ownership doesn’t want him, because God knows he can’t go back to college ball.

  8. $2 Billion? …Look for JP Morgan Chase CEO Jamie Dimon to become the new owner

  9. Absolutely no way the Seahawks move.. they have an outstanding stadium that sells out each and every week. I can understand the Blazers being for sale, but the Seahawks? No way…

  10. “If I were a Hawks fan I would be seriously worried about Phil Anschutz.”

    The Seahawks have 20 years left on their lease at Centurylink Field.

  11. Paul Allen is a very smart guy going back to his days at microsoft. NBA just went through a pointless Strike that didn’t solve any of their financial issues. That’s why alot of big name NBA owners sold there team like Ed snider with 76ers. I think this more a business decision to sell trailblazers but the Seahawks is curious why sell a team in the most profitable league and labor peace sport?

  12. Imagine the irony of Seattle fans getting their beloved basketball franchise back in return for the Seahawks leaving town. Sad case

  13. Imagine the irony of Seattle fans getting their beloved basketball franchise back in return for the Seahawks leaving town. Sad case

    ——————————————————-

    Teams leave cities to secure lucrative stadium deals with other cities. Seattle just built a brand new state-of-the-art stadium ten years ago. They’ll be there for a while.

    If an NFL owner is interested in bringing a team to their city by taking another’s, Seattle would be a tough sell.

  14. What Allen is saying is They are not for sale but if you offer me 2 bil you can have them.

  15. zeckwreck says:
    May 16, 2012 1:35 PM
    Seahawks aren’t moving regardless…One of the most profitable teams in the NFL with the best fans. Not good news for a team on the uprise.
    ————

    Would love to hear about how the Seahawks have the best fans?

  16. My wife isnt for sale either but if you offer me 2 Bil Ill pack her clothes right now lol

  17. Mark Olwick says:
    May 16, 2012 1:27 PM
    And if you had bothered to look at Paul Allen’s twitter stream, you’d see that he specifically said they’re not for sale, period.

    I’m afraid Dwight’s sources are messing with him

    ————————-

    Allen didn’t mention the Seahawks. He only said the Trailblazers aren’t for sale.

  18. jimw81 says:
    May 16, 2012 1:46 PM
    Paul Allen is a very smart guy going back to his days at microsoft. NBA just went through a pointless Strike that didn’t solve any of their financial issues. That’s why alot of big name NBA owners sold there team like Ed snider with 76ers. I think this more a business decision to sell trailblazers but the Seahawks is curious why sell a team in the most profitable league and labor peace sport?

    ——-

    Exactly like you say, the NFL is the currently most profitable league and there is labor peace. The Seahawks and the NFL may never be as valuable as they are now. If the NFL starts losing some of the many concussion lawsuits the league and its teams may not be worth as much.

  19. NFL owners must be thinking about selling before the league is tanked by all the lawsuits.

  20. Do they have Seahawks in Los Angeles right now? If the NFL has it’s way they may have at least 53 of them sometime in the near future.

  21. This is just a rumor from a guy who wants Paul Allen to sale the Trailblazers. I mean if there was any truth to this we would be hearing names of potential buyers and something more than “unnamed sources” claiming it’s for sale? Paul Allen’s investment company Vulcan, Inc. actually owns the Seahawks, Trailblazers and Rose Garden but not Century Link. According the Forbes (named source) Paul Allen must pay the state of Washington 10% of the proceeds if he sells the team before its lease at Century Link expires in 2029. So that would seem to me difficult to sell the Seahawks as part of the Trailblazers like is being discussed in this rumor? So anyone can say something but that doesn’t mean it’s true or even possible. Here is a better rumor: Chis Hansen will buy the Trailblazers and move them to Seattle.

  22. He’s held the teams for a while now, probably double his money from what he paid for them easily. I expect after a while you get tired of watching mediocre ball, and the thrill of owning a team wears off. I’m sure if he sells, the teams will stay where they are.

  23. There is a tremendous amount of misunderstanding in the comments section of this article. These teams may very well be for sale. I would never say never as there is always a price that would lead a smart person to sell.

    But to correct the record, there is zero chance the Seattle Seahawks will move anytime soon regardless of the sale of the team. Paul Allen bought the team in 1997 for the sole purpose of blocking a planned move to LA. There is no chance he would entertain an offer — if indeed he is seeking to sell — without a guarantee the team would stay. The NFL would do everything to prevent a move also. There is no advantage in relocating a team that has proven well-supported and with top tier facilities.

    He could be angling to move the Blazers to Seattle. I’m just saying…

  24. Entertaining offers?

    “So, you want to buy the Seahawks? Put on this little fez, and dance like a monkey while I play the accordion. Then I shall listen to your offer.”

    Yeah, that could get pretty entertaining.

  25. madpunter88 says:
    He could be angling to move the Blazers to Seattle. I’m just saying…
    ——–

    Pretty unlikely since he built and paid for a state of the art arena in Portland that supports their team better than Seattle ever did for the Sonics. It’d be pretty hard to get your money out of that without an NBA team playing in it. Also anybody that wants to put a team in Seattle has to build an Arena first. As for the Seahawks. They are committed for over another 20 years to Seattle. Even if Allen sells, neither of these teams are going anywhere.

    He also is not selling, because, like Cuban, being a Sports team owner does more for your ego than owning a lot of stock.

  26. Oh man… I thought they were talking about the Vikings play by play announcer…. and screamed “NOOOOOOOOOOO … NOOOOOOOOOOOO … THE CARDINALS HAVE KNOCKED THE VIKINGS OUT OF THE PLAYOFFS…. NOOOOOOOOOOO! !!!

  27. I don’t know who boopipes is, but Dwight Jaynes is a respected and accurate reporter. Sure, it’s possible his sources are “messing with him”, but it’s not a rumor that Allen has put the Blazers up for sale before, only to retract them from the market.

    Given his lack of success in his sports endeavors, I think it’s highly Allen is looking to sell them. And of course he’d deny it; it’d be bad for business, and it could cost him leverage in any potential sale. OF COURSE, he’s going to deny it.

  28. I think it’s interesting that so many people just make stuff up, try to sound authoritative, and expect people to believe them. It’s actually kind of sad.

  29. I live in Portland, nobody cares about Dwight Jaynes.

    It wouldn’t surprise me if the teams were for sale, considering Paul Allen’s health scares and mismanagment of the Blazers front office. May want to cut and run, but both these teams SELL tickets. Rose Garden is always slammed, and I don’t know if they squeak in the playoffs but the Seahawks are on the upswing. People make the trip up from PDX to see Seahawks every week, so you’re pulling from 2 major metro areas

  30. Why would Paul Allen sell the team when it’s making him money? The stadium sells out every game, and the fans are some of the most loyal in the league. This rumor has popped up every year and it’s been squashed every year. The Seahawks are not for sale any more than the Trail Blazers.

  31. madpunter88 says:
    May 16, 2012 3:52 PM

    He could be angling to move the Blazers to Seattle. I’m just saying…

    Paul Allen grew up rooting for the Trail Blazers and hating the Seattle Super Sonics. Moving the Blazers to Seattle would be like taking the 49ers and moving them to Dallas. You wouldn’t do that anymore than you would move the Seahawks to Oakland or KC.

  32. The Trailblazers might become the new NBA team in Seattle. The Kings can move to Portland.

  33. These comments about the lease the Seahawks have are childish.

    Any lease can be broken, any at all.

  34. These comments about the lease the Seahawks have are childish.

    Any lease can be broken, any at all.

    ———————————————————

    That’s true to an extent. But anyone who wants to buy an NFL team, just to gut it and move it to their desired city (likely LA) is not going to be eyeing the Seattle Seahawks right now. There are far easier places to make that pitch.

  35. Why would Allen let a group from Los Angeles buy the Seahawks when it purchased them in the first place to prevent them from moving there and the team now has modern stadium & a pretty solid fan base in a popular niche market.

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