Tom Dundon to acquire NBA's Trail Blazers from Paul Allen estate, Sportico says
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 13 2025
0mins
Acquisition of the Portland Trail Blazers: Tom Dundon, owner of the Carolina Hurricanes, has a tentative agreement to acquire the NBA's Portland Trail Blazers from Paul Allen's estate, with involvement from other investors like Marc Zahr and Sheel Tyle.
Valuation Uncertainty: The valuation of the Trail Blazers as part of the deal remains unclear, despite the presence of publicly traded sports franchise owners in the market.
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Analyst Views on BATRA
Wall Street analysts forecast BATRA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BATRA is 67.00 USD with a low forecast of 67.00 USD and a high forecast of 67.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 43.990
Low
67.00
Averages
67.00
High
67.00
Current: 43.990
Low
67.00
Averages
67.00
High
67.00
About BATRA
Atlanta Braves Holdings, Inc. is a holding company of Braves Holdings, LLC (Braves Holdings). Braves Holdings is the owner and operator of the Atlanta Braves Major League Baseball Club and a real estate portfolio that includes the mixed-use development, The Battery Atlanta, and is the operator of the Atlanta Braves Major League Baseball Club’s stadium, Truist Park. The Company’s segments include Baseball and Mixed-Use Development. The Baseball segment includes operations relating to the Atlanta Braves Major League Baseball Club and the Braves’ ballpark. The Mixed-Use Development segment includes retail, office, hotel and entertainment operations primarily within The Battery Atlanta. The Battery Atlanta is an approximately 2.25 million square-foot mixed-use development, located around Truist Park at the intersection of I-75 and I-285, and offers an expansive mix of market-exclusive entertainment experiences, chef-driven restaurants, boutique shopping, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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