Portland Mayor Keith Wilson has met with NBA Commissioner Adam Silver to reaffirm the city’s commitment to keeping the Portland Trail Blazers in town in the wake of the franchise’s upcoming sale. Andrew Theen of OPB published an article this week with a longer explanation of the interaction.

The NBA ownership carousel kept spinning on Tuesday, with private equity billionaire Tom Dundon agreeing to buy the Portland Trail Blazers for just over $4 billion from Paul Allen's estate. The league also approved Bill Chisholm's purchase of the Boston Celtics,

The Portland Trail Blazers have found a new ownership group led by Tom Dundon, a businessman with diverse investments in sports and entertainment who has committed to keeping the team in Portland. The Paul Allen estate has reached a tentative agreement with Dundon and a group of investors in a deal reportedly exceeding $4 billion.