Open Extended ReactionsTom Dundon, the owner of the NHL's Carolina Hurricanes, has agreed to buy the Portland Trail Blazers from the estate of Paul G. Allen for a valuation of just more than $4 billion, sources confirmed to ESPN on Wednesday. Dundon intends to keep the team in Portland, sources told ESPN. The Trail Blazers announced they were formally up for sale in May, with proceeds of the sale going to philanthropic endeavors. Allen's sister, Jody Allen, has been acting as the team's governor and the executor of the Paul Allen Trust during that time. Dundon's group plans to discuss a public-private partnership for an arena deal with the city and state, sources told ESPN.