Happy Sports > Basketball > After selling Trail Blazers for $4 billion, Paul Allen, the first-generation NBA tycoon, said goodbye completely

After selling Trail Blazers for $4 billion, Paul Allen, the first-generation NBA tycoon, said goodbye completely

According to NBA "revelation king" Shams Charania, the owner of the NHL Carolina Hurricanes in the US Hockey League, Tom Dunton, has agreed to acquire the Trail Blazers from Paul Allen's legacy, with a transaction value of more than $4 billion.

After years of negotiations, the Trail Blazers were finally sold out, officially ending the era of knowing former boss Paul Allen.

In recent years, NBA team bosses have frequently changed, and have repeatedly made sky-high acquisitions. The most sensational thing is that the Los Angeles Lakers have sold them at a valuation of 10 billion US dollars this season.

Many wealthy bosses in traditional American fields have become increasingly difficult to support the current NBA team's expenses due to the economic downturn, and have turned to sell at a high level to many "New Money" bosses such as Internet finance to take over.

The representative figures are former Internet heroes such as Clippers boss Ballmer and Nets boss Cai Chongxin.

But before them, even before Mark Cuban, there was a real giant from the American Internet who took over the NBA and spent a lot of money to change his fate and turn the team into a super giant, but it failed in the end.

He is Paul Allen, the former boss of the Trail Blazers, the real Microsoft "second leader", and the former top ten richest people in the world for a long time (January 21, 1953 - October 15, 2018).

Paul Allen was born in Seattle, USA in 1953 and graduated from Washington State University. In 1968, at the age of 15, he met Gates at Lakeside Middle School, and both of them were crazy obsessed with computers.

Unlike Gates who loves computer technology, he values the business prospects behind it more. Allen focuses on the technology world of computers and is a purer geek.

In 1975, they founded the original Microsoft company in the garage, which is the most familiar place for American computer geniuses. Allen owns 40% of the shares and gave their company a name that became famous all over the world.

They first wrote the Basic underlying programming language for the first microcomputer, Altair8800, and it was successful that year. This was almost developed by Allen in three months with an 8800 work manual, PDP-10 computer, and his own deep computer skills.

This is the first pot of gold mined by Microsoft, and the empire began to take off.

At Microsoft at that time, Allen focused on technology development, while Gates planned company development and business prospects. In that era when computers were about to take off, they happened to be at the forefront of the times.

Microsoft quickly reached a cooperation with IBM, the industry giant at that time, to provide software services. Until the epoch-making WINDOWS system withdrew and became a real big shot in this industry.

But Allen did not wait. He withdrew from the company due to illness in 1982 and only held shares. But it still maintains nearly priceless Microsoft shares. By the end of the last century, Microsoft's market value once reached US$661.6 billion. Even after multiple equity redistribution and dilution, Allen's net worth still reached an astonishing US$40 billion.

Unlike Gates who constantly explored his own business empire, Allen, who had more fantasy ideas, began his own heavenly life after having amazing wealth. He invested in Charter Communications and DreamWorks Films, with works including Midnight Bell, Monster Shrek and Kung Fu Panda.

He also bought the largest private yacht in the world at that time - Octopus, and then spent 250 million yuan to build an awesome library for his alma mater in the 1990s.

He was optimistic about the development of computer networks and once predicted that "the information highway will be the next wave of the world."

After leaving Microsoft, he had a wide range of investments. Although he had a lot of wrong investments, his only few successes would bring him greater wealth.

His senior manager Bill Savorie once said that there is a "Allen effect", that is, once Allen invests in a certain field, it will become valuable because Allen invests.

So even after leaving Microsoft 20 years, he can still rank seventh in the wealth list with his own investment in 2007 with a net worth of 36 billion. In 1988, Allen bought the Trail Blazers from the team founder Larry Weinberg for $80 million. At that time, the team had Drexler, the best shooting guard in the league besides Jordan, as well as solid defender Terry Porter, tough forwards Casey and Dakoworth.

But in the 1988-89 season they only achieved 39 wins and 43 losses, which obviously did not satisfy him. So before the season ended, the former coach Mike Schuler was fired and the then assistant coach Rick Adelman was corrected.

That's right, he later led the Kings to attack Princeton, and served as head coach of Yao Ming, and was the old man who was selected for the Hall of Fame last year.

Soon, they began a period of brilliant years of strong teams. In the 1989-90 season, they won 59 and lost 23, second in the league.

1990-91 season, 63 wins and 19 losses, ranking first in the league.

1991-92 season, 57 wins and 26 losses, second in the league and first in the West.

In the early 1990s, when Magicians were old, they were the strongest team in the West.

How come they met the peak Jordan and the bad boys. In 1990, their team reached the finals for the second time, but was swept 4:0 by the "Bad Boys Legion".

In 1992, they reached the finals again and met Jordan again. At that time, the outside world had already compared the Trail Blazers' defender Drexler with him. An important reason was that "the glider with a 33.7% three-point shooting percentage and averaging 1.4 three-pointers per game was a better shooter than Jordan" (27%, 0.3).

In terms of data, Drexler (25.6 points, 6.7 rebounds, 6.6 assists) that year was also the closest man to Jordan (30.1 points, 6.4 rebounds, 6.1 assists). But in the first half of the finals, Jordan scored six three-pointers and scored 35 points, setting a record for halftime scoring in the finals.

The last 4:2 The bull soldier is not bloody. Jordan had 35.8 points, 4.8 rebounds, 6.5 assists and 1.7 steals. Since then, no one has ever been at the same level as him.

Even since then, the glider has been in a slump and played a mess in the 1992-93 season. In the end, the Trail Blazers made a favor and sent him to Houston to meet with alumnus Olajuwon, and at least won the 1994-95 season championship. The Trail Blazers did not sink, and they were always in the playoff sequence until the end of the last century by relying on the "Roof of the World" Sabonis and the "Flying Squirrel" Stodmeier who came here only at the age of 30.

With the maturity of the roaring Heavenly Lord Rashid Wallace, Scotty Pippen joined, and they once again launched an attack on the championship. And this time they have another secret weapon - the check of boss Paul Allen.

After Jordan retired, the league will be dominated by inside monsters like the Sharks and Duncan. The Trail Blazers know that to break through the West, they must have top inside reserves. So they began to carry out crazy "arms upgrades".

14 million Pippen, 11 million Rashid, 10 million Stoudemire and Sabonis, these four stars alone are enough for them to break through the luxury tax line. On their bench were also sitting on the bench with 8 million substitute Dafeng, Bryan Grant, 7 million Steve Smith, and 5 million O'Neal Jr. and Slimph against Jordan at the 1996 Finals.

In order to deal with the Sharks, the Trail Blazers are almost using the salary of two teams to build a team.

But they were really not lucky enough. Although they eliminated the Jazz who had previously reached the finals in 1999, they lost to the Spurs who won the finals and had the "two towers" of Duncan-Admiral.

The most regrettable thing in 2000 was that they carried the highest luxury tax in the league and scored the second-place 59 wins and 23 losses in the league, second only to the nearly invincible Lakers and Ok combination.

Even so, they dragged the Lakers to Game 7. The G7 Sharks were almost madly double-teamed and surrounded by the Trail Blazers, and only scored 10 points in the first three quarters. The Trail Blazers once led by 15 points with Stoudemire's outstanding performance.

But in the fourth quarter, Kobe brought Brian Shaw, Harper and Fox and a group of shooters to catch up the score. At the same time, the outside firepower also loosened the Sharks. He relied on free throws and frontcourt rebounds to score 9 points in the fourth quarter, including the all-connect dunk that has become a classic with Kobe.

So the Trail Blazers failed again. In the twelve years after Allen bought the Trail Blazers, he spent a lot of money, but he was snatched away the championship by Jordan, Duncan and the "OK combination". He was the number one sucker in the league at that time. After that, Allen gradually regained his rationality and no longer built a team in a big gamble. Even after that, he had stars like Roy, Ad, and Lillard.

As he grows older, he is no longer the "Internet tycoon" who spends money like money, accumulates stars and the Lakers' lives. He just regards the Trail Blazers as one of his many industries and is at ease to be the boss behind the scenes. On October 15, 2018, one of the founders of Microsoft, the legendary super rich man and a lifelong legendary geek, died in Seattle due to complications of non-Hodgkin's lymphoma at the age of 65. This disease made him leave Microsoft when he was young, and it also left him without a last resort for his life, and eventually took his life away.

His life was so envious of ordinary people.

Born to be a wizard and has a super brain.

Love computers and catch up with the tide of the times.

founded Microsoft, withdrew early, retained shares, and obtained tens of billions of wealth.

Before he was thirty, he completed the wealth that ordinary people could not accumulate in their lifetimes and truly changed the world.

Then he realized his wish after another. He liked rock and formed his own rock band to hold a concert to play. Out of admiration for idol and rock star Hendrix, he also spent $240 million to build the "Seattle Music Experience Center".

He likes sports, so he bought two professional sports teams, the Trail Blazers and the Seattle Seahawks (NFL). He has money, but he can be so willful.

In 2010, Paul Allen signed the "Giving Pledge". The 20 billion property after his death is owned by Paul Allen's Family Fund and his sister Judy Allen.

Now, the Trail Blazers has increased from $80 million forty years ago to $4 billion now, a full 50-fold increase. This is definitely his best investment besides Microsoft.