Tom Dundon purchased the Portland Trail Blazers from the estate of Paul Allen in March of 2026. Dundon has been a successful owner in the NHL with the Carolina Hurricanes, but his cost-cutting methods have been shocking since taking control of a beloved NBA team.
Trail Blazers layoff 70 employees in another cheap move by new owner
Tom Dundon keeps cutting costs at every opportunity.
Ricky O'Donnell has covered basketball at all levels for more than a decade at SB Nation. He’s currently the Associate Director of Programming.
Dundon low-balled head coach Tiago Splitter after he guided the team to the playoffs for the first time in five years, and has reportedly been offering perspective head coaches a starting salary around $1 million, far below NBA norms. He wouldn’t let players on two-way contracts travel for the playoffs. Now, Dundon is doing mass layoffs on the business side for the Trail Blazers that will reportedly cut about 70 jobs.
Sean Highkin covers the Trail Blazers as well as anyone at his newsletter, The Rose Garden Report. Highkin previously broke the news of two-way players being unable to travel for the postseason, and now he’s reported the layoffs on the business side.
Layoffs in pro sports don’t happen all that often. Update: the Timberwolves also made layoffs to the business staffs after Alex Rodriguez and Marc Lore bought the team.
Some of the employees impacted after been with the team for decades, including insider Casey Holdahl, who started in 2007. If you’ve consumed NBA coverage on the internet over the last 20 years, you have probably come across Holdahl’s byline.
On Tuesday, he announced he was among the affected by the layoffs.
More names will be announced in the coming days.
Dundon’s Carolina Hurricanes are currently in the Eastern Conference Finals of the NHL Stanley Cup Playoffs. He’s unquestionably built a successful hockey team, and will reportedly make a deep investment in winning once he sees proof of concept. Dundon is quickly learning there’s a much higher degree of scrutiny in the NBA, and his methods are already being judged. Perhaps Dundon will be able to find a successful head coach for half the cost of the lowest-paid coach elsewhere in the league. Maybe he’ll eventually get the Blazers to championship contention like he did with the Hurricanes.
For now, there will be healthy skepticism about his brazen cost-cutting moves. This is clearly a trend in the early days of Dundon’s Blazers ownership, and I wouldn’t expect it to stop here. Follow our legendary Trail Blazers community Blazer’s Edge for more coverage of the team and Dundon’s ongoing cheapness.
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