Carolina Hurricanes Owner Tom Dundon Agrees To Purchase Trail Blazers For $4 Billion originally appeared on Fadeaway World. Carolina Hurricanes owner Tom Dundon has reportedly struck a massive deal to acquire the Portland Trail Blazers from the late Paul Allen’s estate for over $4 billion, according to ESPN’s Shams Charania.

Texas businessman Tom Dundon is leading the buyer group that has struck a deal to buy the Portland Trail Blazers. Dundon, 53, is chairman and managing partner of Dundon Capital Partners, a Dallas firm that invests in a broad range of areas, from real estate to health care and technology.

Paul Allen’s estate has agreed to a tentative agreement to sell the Portland Trail Blazers to a group led by Carolina Hurricanes owner Tom Dundon.