Phil Knight of Nike fame, Dodgers co-owner make bid to buy Portland Trail Blazers: report

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Nike founder Phil Knight and Los Angeles Dodgers co-owner Alan Smolinisky are attempting to become the new owners of the Portland Trail Blazers, according to a report. 

They delivered a written offer that’s worth more than $2 billion, per ESPN.

Knight, 84, is a Portland native and University of Oregon product who has his company headquarters in Portland. 

Phil Knight, co-founder and chairman emeritus of Nike, attends the fourth day of the annual Allen & Company Sun Valley Conference, July 14, 2017 in Sun Valley, Idaho.  (Photo by Drew Angerer/Getty Images)

So if the purchase is successful, you can be sure the Blazers won’t be going anywhere. And that is precisely what the current ownership group wants, ESPN reported.

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But on Thursday evening, a Trail Blazers spokesperson stated the team wasn't for sale. 

Nike co-founder Phil Knight walks to a morning session at the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho.  (Photo by Kevin Dietsch/Getty Images)

"An offer was made by Phil Knight. The team remains not for sale," the spokesperson wrote in a statement. 

As of now, the Blazers are owned by the Paul Allen trust. Allen, who co-founded Microsoft, died in October 2018.

Per ESPN, talks between Knight, Smolinisky, and the Blazers’ current owners are ongoing.

Phil Knight, co-founder and chairman emeritus of Nike, attends the annual Allen & Company Sun Valley Conference, July 11, 2019 in Sun Valley, Idaho. (Photo by Drew Angerer/Getty Images)

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OutKick will have more on this story as it develops.