Larry Weinberg, The Founder of Portland Trail Blazers, Passed Away On 1st Januar

Posted by Andrew Julia on January 4th, 2019

Larry Weinberg who was one of the founders of the Portland Trail Blazers has passed away on 1^st January 2019 at the age of 92 the report has been confirmed by the officials.

As per the report of Willamette Week, the announcement of the Weinberg’s death was made on Wednesday by the American Israel Public Affairs Committee.

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Weinberg born in a Jewish family in New York City on 23^rd January 1926 was an American real estate developer other than being the founder of NBA's Portland Trail Blazers. Aside from this, he was also a professional Israel activist and has served in US Army during World War II.

He was badly wounded during one of his combat in France that resulted in his retirement. He then started a company by the name of Larwin Company working as its CEO. Larwin Company became the largest privately owned company in the 1960s working in the United States.

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In 1970, Weinberg along with his two partners, Herman Sarkowsky, and Robert Schmertz started an NBA expansion team in Portland with an investment of 3.7 million dollars. He became the president of the Trail Blazers in 1975 and under his command, the team won the NBA championship in 1977. He served as the team’s president until 1988, when he sold the company to Paul Allen (who died just last year) for 70 million dollars.

Other than his work as a real estate developer and in basketball, Weinberger also served as the American Israel Public Affairs Committee president. He was also awarded the Brotherhood Award of the National Conference of Christians and Jews. Buy Cheap Portland Trail Blazers Tickets from Tix2games.com.

The American Israel Public Affairs Committee issued a full statement in memory of late Larry Weinberg in which they described their sadness on Weinberg’s death. They mentioned how he was the respected leader of the community and a strong foundation in strengthening the U.S. and Jewish state relations. They further emphasized that Larry and his wife Barbi’s mutual efforts for the alliance is an inspiration for political and community leaders. Weinberg’s wife was also a pioneer of The Washington Institute for Near East Policy. Check out Tix2games.com if you want exciting discounts on Portland Trail Blazers Tickets.