Paul Allen sells his two Portland radio stations
Paul Allen is selling his two Portland radio stations to a group led by former radio mogul Larry Wilson, who aims to make a fresh start in the business he left eight years ago.
On Thursday, billionaire Paul Allen, who owns the NBA's Portland Trail Blazers and the Seattle Seahawks of the NFL, wrote basketball commissioner David Stern a love note when he released a statement essentially saying he would support an NBA team in Seattle provided the economics of a new building for the team made sense.