Larry Weinberg, who is one of the key founders, in fact, the true owners of the Portland Trail Blazers, unfortunately, is no more. This incredible personality died at the age of 92. The news has indeed made many go sadly. It is here to mention that the news of Weinberg’s death was declared on Wednesday by the American Israeli Public Affairs Committee. It has put many into shock after getting to know. As there was not much news about the health crisis or anything of such regarding Larry Weinberg, it is obvious to create shock among the admirers or the fans. It hasn’t been accepted easily by many.
Weinberg was the foremost personalities among the key four men those managed to get the franchise get kick-started as an NBA expansion team in 1970. What makes significant is the fact that the franchise worth has reached the whooping worth of $3.7 million. These figures tell a lot of about the charismatic personality he was and about the achievements he has managed to get.
It may not be known to many that Weinberg was a veteran of World War II as well. The brave personality was a courageous real estate developer as well, enjoying envious success in this arena.
At the same time, he was a much-buzzed name as well among the politicians for his pro-Israel activities. He made the headlines among the business groups and among the sports entrepreneurs after selling the team to the late Paul Allen in 1988 for $70 million. A lot of discussions were made then regarding the deal. Now after his sad demise, the Trail Blazers said the team through a tweet that “was saddened to hear of the passing of our original owner.”It made his fans get absolutely stunned. Among others, Oregon Sen. Ron Wyden said took it to Twitter and said that Weinberg was “a true mensch…and like many, I will mourn his passing.”