Jody Allen, Chair of the Portland Trail Blazers and Seattle Seahawks, Trustee of the Paul G. Allen Trust, issued a strong statement, making clear that she won't be selling either team any time soon.
"As we've stated before, neither of the teams is for sale and there are no sales discussions happening," the statement read.
"A time will come when that changes given Paul's plans to dedicate the vast majority of his wealth to philanthropy, but estates of this size and complexity can takes 10 to 20 years to wind down," the statement continued.
After owner Paul Allen’s death in 2018 at the age of 65, his sister Jody took control of the franchise and has been running it ever since. According to her statement, she eventually will turn her brother’s wealth into philanthropy, but there is no current intentions to sell the Blazers or the Seattle Seahawks, to which she also holds a stake in ownership.
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