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Danny Avdia Will Profit: the Transformation in Portland Has Been Completed at More than $4 Billion

Summary by Israel Hayom
The Trail Blazers officially have a new owner in a deal valued at a huge amount • Tom Dundon, who heads the purchasing group, is known for investing most of his resources in players, and the Israeli and his teammates will be immediately affected • The Moda Center will undergo an extensive renovation with an investment of approximately $600 million
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The Trail Blazers officially have a new owner in a deal valued at a huge amount • Tom Dundon, who heads the purchasing group, is known for investing most of his resources in players, and the Israeli and his teammates will be immediately affected • The Moda Center will undergo an extensive renovation with an investment of approximately $600 million

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Israel Hayom broke the news in on Monday, March 30, 2026.
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