Site Requires Flash Player and JavaScript (on) for optimal viewing.

bypass the detection
Basketball - NBA

Allen puts together bid to get arena back

    More than two years after Paul Allen surrendered ownership of the Rose Garden during contentious bankruptcy proceedings, the billionaire owner of the Portland Trail Blazers is poised to buy it back.

    Allen said Friday that his investment firm has signed a letter of intent to buy Portland Arena Management — an entity created by his former creditors to own and operate the 20,000-seat Rose Garden. No further details, including the purchase price, were disclosed.

    The agreement, if finalized, would reunite Portland’s NBA franchise with its arena under common ownership, which was the plan when the Rose Garden was built 12 years ago. But more importantly, it would reunite Allen — and his financially ailing Trail Blazers team — with millions of dollars a year in income from selling luxury boxes, courtside seats, club seats, concessions and signage.

     — Excerpt from The Oregonian, February 3, 2007


    Watch our two minute video to learn more about the Oregon Sports Authority's efforts to promote the state as a premier sports destination.


    Sign up to receive a monthly update with the latest Oregon sports news and event information, plus get exclusive access to ticket discounts!



    Requires Flash Player and JavaScript (on) for optimal viewing.


    latest news

    eUpdate – PK80, IndyCar Coming to Portland, Congrats to the Thorns, Cirque du Soleil Crystal

    In the summer of 2012, Michigan State athletic director Mark Hollis began to form plans for an unprecedented 16-team men’s...

    eUpdate – Oregon Sports Hall of Fame Induction Ceremony, Disaster Relief, Street Soccer USA and New Members

    The Oregon Sports Hall of Fame will induct a class of six new members during its annual induction ceremony on...

    eUpdate – Little League Softball, WinCo Foods Portland Open, Cambia Portland Classic

    Little League softball teams from the U.S., Canada, the Philippines, Czech Republic and Puerto Rico are in Portland this week...

    find out what's new and

    what's next in oregon sports!

    follow the oregon sports authority on

    Twitter      Facebook