One of the NHL's more prominent owners has agreed to purchase the Western Conference NBA team in a move that could shake up the franchise.

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.

Tom Dundon is buying the NBA’s Portland Trail Blazers, he told CNBC in an interview. The Dallas businessman is chairman and founder of Dundon Capital Partners. He ― along with a group of investors ― will reportedly buy the team at a valuation of around $4 billion.