New Delhi, Aug. 13 -- Tom Dundon, the owner of the NHL's Carolina Hurricanes, finalized an agreement to purchase the Portland Trail Blazers from the Paul G. Allen Trust. According to a report by ESPN, the valuation of the deal is exceeding $4 billion. It marks a significant milestone for the NBA franchise, ensuring its continued presence in Portland.

(More to follow)

Published by HT Digital Content Services with permission from MINT....