Blazers Owner Tom Dundon Under Fire For Massive Reported Lay Offs
Summary
Tom Dundon became the main owner of the Portland Trail Blazers after buying the team from Paul Allen's estate. The team recently laid off about 70 people as part of a business restructure, which caused criticism from fans and media.Key Facts
- The NBA approved the sale of the Trail Blazers to an investor group led by Tom Dundon in March.
- Dundon took control from Paul Allen's estate, which is also selling the Seattle Seahawks.
- The Trail Blazers made the playoffs for the first time in five years during the recent season.
- The team did not pay for two-way players and some staff to travel for a playoff series to save money.
- About 70 employees were laid off during the first round of cuts under Dundon's leadership.
- Some layoffs seemed based mainly on salary, not job importance, according to a source.
- Longtime team reporter Casey Holdahl was among those let go.
- The Trail Blazers’ president said the changes aim to prepare the team for future success.
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