The Trail Blazers issued a statement Thursday in response to a report detailing a massive bid from Nike founder Phil Knight and Dodgers co-owner Alan Smolinisky to buy the team.
Hours after ESPN’s Adrian Wojnarowski reported Knight and Smolinisky offered over $2 billion to purchase the franchise, a Blazers spokesperson cxonfirmed a bid was placed, but the team is currently not for sale.
“An offer was made by Phil Knight. The team remains not for sale,” the statement read, per Wojnarowski.