Paul Allen writes David Stern a love note
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.
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.