The Portland Trail Blazers are a professional basketball team that compete in the National Basketball Association’s Western Conference Northwest Division. The team joined the league as an expansion team in 1970 and was co-founded by sports promoter, Harry Glickman, who also served as the team’s president until 1994.
The “Blazers” play their home games at Moda Center in Portland, Oregon. In the 2019/20 NBA season, the average regular season home attendance for a Blazers game was 19,633 and total attendance for that season amounted to 608,634. The team generated around 240 million U.S. dollars in revenue during the 2019/20 season and their operating income for that season amounted to approximately 27 U.S. dollars. As of 2020, the franchise value for the Portland Trail Blazers amounted to an estimated 1.9 billion U.S. dollars and the team has been owned by Microsoft’s co-founder, Paul Allen, since 1988.
The team has advanced to the NBA finals three times - in 1977, 1990, and 1992 - and won its only NBA championship during its first appearance in the finals in 1977. The Blazers have a combined total of approximately 3.75 million fans and followers on Facebook and Twitter.
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