Portland Trail Blazers


Years later, when Microsoft went public in 1986 and Paul found himself a multi-millionaire overnight, he called his close friend and former fraternity roommate to tell him he wanted to buy an NBA team. A little over a year later, in the autumn of 1987, he heard the Portland Trail Blazers might be available and, after negotiations, in May of 1988 Paul attended his first press conference as the team’s new owner. In making the announcement, the team’s previous owner, Larry Weinberg, introduced Paul as “first of all a fan… unless you’re a fan, nothing else counts in this ownership,” he said. And, indeed, from that moment until his passing in 2018, there was no bigger Blazer fan than Paul.




Shortly after Paul’s passing, Blazer’s original owner, Larry Weinberg, summed up Paul’s deep love of Portland, and the team, when he said, "I had a number of people who had been interested in buying it [and I thought] maybe if the right person showed up I might reconsider. On this one occasion my lawyer called and he met this fellow, he's a humble guy with the wherewithal to do what has to be done. He drives an older car with a basketball in the back seat, the basketball in the back seat really got to me, it meant some commitment — some interest, some dedication to that sport… we talked for a while, and the more we talked the more I was impressed with his passion to win a championship. I was handing over the stewardship to somebody that cared deeply about doing the right thing."