Drexler wants piece of Blazers

Hall of Famer says he’s been asked to join group hoping to buy team from Paul Allen

By Kerry Eggers

The Portland Tribune, Mar 14, 2006, Updated Oct 30, 2009

Clyde Drexler says he has been contacted by a Portland man about being part of a group that would buy the Trail Blazers from Paul Allen.

“The guy is dead serious,” says Drexler, the former Trail Blazer star who lives in Houston but retains a home in Portland. “I told him to put it on paper and get back to me.”

Drexler won’t identify the Portlander, whom he says would serve as majority owner.

“I’m very interested,” says Drexler, a 2004 inductee to the Naismith Basketball Hall of Fame. “I would love to be a part of it. If it happens, it would be a phenomenal thing to be involved with.”

Allen, owner of the Blazers since 1988, appealed to city, county and state officials last month for some sort of public financial assistance in running the NBA club. An Allen representative says the team, which incurred millions of dollars in losses in recent years, stands to lose more than $100 million over the next three years.

The representative says all options, including sale of the club or moving it to another city, are possible.

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