Nike Founder Phil Knight Makes Formal Offer to Purchase Trail Blazers

As the expected sale of the Portland Trail Blazers inches closer, a familiar name to Pacific NW sports fans as entered the picture.

Adrian Wojnarowski reports that Nike Founder Phil Knight and Dodgers co-owner Alan Smolinisky have submitted a written offer to purchase the Trail Blazers:

Woj points out that Knight’s involvement speaks to the desire to ensure that the franchise remains in Portland:

No word yet on the team’s response to the offer. We’ll have more on this story as it develops.

More about: