Tom Dundon is purchasing the Portland Trail Blazers for roughly $4 billion in a deal that keeps the team in Portland. Dundon, founder of Dundon Capital Partners and a prominent sports investor, leads an ownership group that includes multiple sports interests. The sale comes as the Blazers continue a rebuild after drafting in recent lotteries and moving on from Damian Lillard and CJ McCollum, though Lillard re-signed and will miss much of the season with a torn Achilles. The new ownership aims for long-term stability in Portland.

Key pieces for the fantasy lens are Scoot Henderson, Shaedon Sharpe, and Deni Avdija, joined by veteran Jrue Holiday, who was added to anchor the backcourt and defense. The Blazers recently re-signed Lillard, even as his injury sidelines him, while Holiday’s arrival should lift defense and playmaking and free up the young core to grow. This is a transition moment—ownership, roster, and development all point to a multi-year plan with Henderson and Sharpe as primary building blocks, Avdija providing versatility, and Holiday stabilizing the perimeter and rotation.