Nike co-founder Phil Knight rules out buying the Portland Trail Blazers as the franchise begins a formal sale process.

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Nike founder and chairman emeritus Phil Knight believes it's too late in the game for him to buy an NBA franchise.

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Nike co-founder Phil Knight will not make a bid to buy the Portland Trail Blazers, the 87-year-old said in a statement shared Wednesday by The Athletic's Mike Vorkunov. “Five years ago ...

Valued at $3.6 billion, the Portland Trail Blazers are up for sale ... acquiring the team,” Knight said in a statement issued by Nike. Get your game on! Whether you’re into NFL touchdowns ...

Nike co-founder Phil Knight is no longer interested in purchasing the Portland Trail Blazers, he said in a statement Wednesday. “Five years ago, when I was a younger man, I had a great interest ...

However, at my current age, I can confirm that I no longer have interest in acquiring the team," Knight said in a statement issued by Nike. Allen owned the Seattle Seahawks (NFL), Blazers and a 25 ...

Nike co-founder Phil Knight said Wednesday that he is not interested in buying the Portland Trail Blazers, who are up for sale. Paul Allen’s estate said Tuesday that it has begun the process of ...