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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.