The Portland Trail Blazers are officially for sale. The estate of Paul Allen, the franchise's late owner, announced May 13 it has commenced a formal sales process for the team. The investment bank ...

Two weeks after the Boston Celtics won their 18th title in franchise history, the future of the organization is in question. Celtics majority owner Wyc Grousbeck is planning to make the franchise ...

PORTLAND, Ore. May 13, 2025 5:30 p.m. Updated: May 14, 2025 1:20 a.m. FILE - Portland Trail Blazers general manager Joe Cronin, left, and owner Jody Allen courtside at a Trail Blazers game in Portland ...

The Celtics now know who their new owners will be going forward, ushering in a new era for the winningest franchise in the NBA. The Celtics are being sold to William Chisholm, managing partner of ...

Understanding a franchise's upfront costs, business system, and financial performance are some critical factors to know before investing in such an enterprise. A push to boost entrepreneurship in ...

A push to boost entrepreneurship in their communities, an appetite for self-employment, and a chance to perhaps bag more money are some factors why Black franchising is in demand. Per this account.