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08-03-2006, 01:39 PM
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#1 (permalink)
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BasketballBoards Player
Join Date: Jun 2006
Posts: 840
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Paul Allen says: NO SALE!!
1080 saying that right now
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08-03-2006, 01:44 PM
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#2 (permalink)
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Star
Join Date: Aug 2004
Location: Portland
Posts: 3,141
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Re: Paul Allen says: NO SALE!!
Canzano's blog echoes what 1080 is saying:
Quote:
BREAKING NEWS: Paul Allen takes Blazers off block
There will be an announcement and news release sometime late today which will indicated that Trail Blazers owner Paul Allen has decided to take the Blazers off the block, source at One Center Court says.
The team is no longer for sale.
At this point, Allen hasn't indicated that he's interested in buying back the Rose Garden Arena. Next season, it will be business as usual with Global Spectrum running the arena and Allen running the Blazers.
This is going to send speculation about what this means through the roof. Read The Oregonian on Friday for a complete report, including a column on the subject and complete analysis.
If you haven't already, read Helen Jung's story in Biz on Thursday that Vulcan, Inc. was reviewing multiple bids for the purchase of the Blazers.
Source at One Center Court tells me that those bids weren't unpalatable, but Allen just decided that he was better served to keep the team, for now.
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I'll admit. I was one of the guys who said that Paul should sell the team. I thought he was done and completely disinterested. But the moves we've made this summer have given me the opposite impression, and I'm pretty stoked about this development. Now if he could only buy back the arena.
-Pop
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Quote:
Originally Posted by CubanLaker
Damnit!! WTF! Why do we always suck when we play at Portland!
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"In this country, justice can be won against the greatest odds. Hope can find its way back from the darkest of corners. And when we are told that we cannot bring about the change that we seek, we answer with one voice. 'YES WE CAN.'
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08-03-2006, 01:45 PM
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#3 (permalink)
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Look at my Rep points
Join Date: Oct 2003
Posts: 710
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Re: Paul Allen says: NO SALE!!
He will grab the arena, give it some time.
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The Anti-Sheep 
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08-03-2006, 01:47 PM
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#4 (permalink)
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Seahawks Fan
Join Date: Aug 2003
Location: The Great Northwest
Posts: 2,614
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Re: Paul Allen says: NO SALE!!
Great News to me! Paul will turn this franchise around, I just hope some way he can get his hands on the RG.
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BLAZERS & SEAHAWKS!
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08-03-2006, 01:47 PM
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#5 (permalink)
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Veteran
Join Date: Jul 2006
Posts: 1,441
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Re: Paul Allen says: NO SALE!!
I knew he woulden't sell. He was trying to swindle all of us into helping him into pay for the Blazers.
Thats how cheap he is. But I am happy he is the owner for his deep pockets. |
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08-03-2006, 01:49 PM
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#6 (permalink)
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Seahawks Fan
Join Date: Aug 2003
Location: The Great Northwest
Posts: 2,614
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Re: Paul Allen says: NO SALE!!
Quote:
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Originally Posted by BlazerFan22
I knew he woulden't sell. He was trying to swindle all of us into helping him into pay for the Blazers.
Thats how cheap he is. But I am happy he is the owner for his deep pockets. |
It has nothing to do with being cheap, Its called trying to get public support like most all other teams do. I dont blame him for trying, and am very happy he is staying Blazer's owner!
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BLAZERS & SEAHAWKS!
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08-03-2006, 01:52 PM
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#7 (permalink)
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All-Star
Join Date: Oct 2005
Location: Beaverton
Posts: 5,523
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Re: Paul Allen says: NO SALE!!
Kudos to this board. Many of us were speculating this based on summer movement before this "official" announcement . . . great insght on this board.
Paul just bit the bullet, even if it means paying 10-20 million over what Vulcan think the RG is worth, it makes life more simple and you can start reeping the rewards when the Blazers start to win and fans start spending cash on the Blazers again . . . most millionaires per capita in the US (unverified).
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08-03-2006, 01:52 PM
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#8 (permalink)
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No blood, no foul
Join Date: Jan 2005
Location: in Denial
Posts: 2,378
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Re: Paul Allen says: NO SALE!!
I am rather surprised this announcement has been made without him purchasing the arena back. That being said, I actually expected it was more likely he would keep then sell, so I'm not suprised at that part. I wonder if they struck some sort of agreement, possibly either lowering the rates or agreeing to sell at a set price at a later date (though not sure I see the benefit of waiting).
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"If push came to shove, I could lose all self-respect & become a reporter."
-Charles Barkley
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08-03-2006, 01:56 PM
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#9 (permalink)
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All-Star
Join Date: Oct 2005
Location: Beaverton
Posts: 5,523
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Re: Paul Allen says: NO SALE!!
Quote:
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Originally Posted by Foulzilla
I am rather surprised this announcement has been made without him purchasing the arena back.
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Me too. Maybe it is for public perception. It would have looked bad if he threatened sale and then bought the RG back during the sale process (it would look like he is using the organization and fans emtions to get the best price). This way it looks like he decided to keep a team he couldn't part with and then will work something out with PAM.
But I wouldn't be surprised if he locked PAM into a selling price before making this announcement. 
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08-03-2006, 02:03 PM
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#10 (permalink)
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Star
Join Date: Jan 2003
Location: Portland, OR
Posts: 2,537
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Re: Paul Allen says: NO SALE!!
My theory is that he looked at the bids that came in on the team today and said they all sucked and he'd rather keep the team than sell them low.
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08-03-2006, 02:04 PM
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#11 (permalink)
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Player
Join Date: Mar 2006
Location: Portland, OR.
Age: 28
Posts: 534
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Re: Paul Allen says: NO SALE!!
I know a bad poker face when I see one, and Paul Allen was wearing one all season long. I didn't believe he was selling the team for a minute and my post history can prove it.
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BRANDON
ROOKIE
OF THE
YEAR
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08-03-2006, 02:05 PM
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#12 (permalink)
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Benchwarmer
Join Date: May 2006
Posts: 115
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Re: Paul Allen says: NO SALE!!
I hope what this means (and what this summer's movements have meant) is that Allen is interested in his team again. This board shows the community is interested again.
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08-03-2006, 02:06 PM
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#13 (permalink)
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happy fat guy
Join Date: Feb 2004
Posts: 11,162
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Re: Paul Allen says: NO SALE!!
Absolute wonderful news. Assuming PA holds an over the top press conference that has become the norm over at one center court saying he is keeping the team in the Rose City, ticket sales should increase slightly.
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"SHOW ME THE BUFFET!!!"
Former Blazer Alaa Abdelnaby on being a student athlete at Duke. "The only way I could get 5 A's at Duke was to spell my name"
I'm Mediocre Man, and I approve this message.
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08-03-2006, 02:13 PM
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#14 (permalink)
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Legend
Join Date: Dec 2002
Posts: 16,001
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Re: Paul Allen says: NO SALE!!
I'm happy Allen's not selling. He's the one competitive advantage the Blazers have.
I'd feel better about the Blazers staying in Portland, though, if he had repurchased the Rose Garden. The Sonics' probable move still makes me a bit nervous on that front.
Ed O.
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"In the end, it all comes down to talent. You can talk all you want about intangibles, I just don't know what that means. Talent makes winners, not intangibles. Can nice guys win? Sure, nice guys can win -- if they're nice guys with a lot of talent. Nice guys with a little talent finish fourth, and nice guys with no talent finish last."
-- Sandy Koufax
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Paul Allen says: NO SALE!!
