Phil Knight.Photo: Drew Angerer/Getty

Nike co-founderPhil Knightand Los Angeles Dodgers part-owner Alan Smolinisky are reportedly pursuing a purchase of the NBA’s Portland Trail Blazers.
Representatives for Knight and the Trail Blazers did not immediately return PEOPLE’s request for comment on Friday. PEOPLE has also reached out to Smolinisky for details.
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NBA commissioner Adam Silver discussed the organization’s future during his NBA Finals press conference on Thursday while noting he did not know the full details of the trust.
“I don’t know all the specifics of Paul Allen’s trust. What I understand is that Jody Allen, who is Paul Allen’s sister, is the trustee of the estate and that at some point, the team will be sold,” Silver said, according to ESPN.
Silver added: “I don’t have any sense of the precise timing. I read that same statement today in which she or someone on behalf of the estate said the team is not currently for sale. But at some point it will be for sale.”
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The Trail Blazers have not won an NBA championship since 1977 but have regularly made the playoffs since acquiring star point guardDamian Lillardin 2012.
Silver also said he prefers the Trail Blazers organization remain in Portland. Knight, a native of Portland, will likely keep the team in the city if a deal is reached.
source: people.com