Nike Founder Phil Knight and a Dodgers Co-Owner Bid for Portland Trail Blazers

Phil Knight, the founder of athletic apparel company Nike, and Alan Smolinisky, an entrepreneur and a partial owner of the Dodgers, have submitted a bid to purchase the Portland Trail Blazers, according to people familiar with their bid.

The bid from Knight and Smolinisky to purchase the N.B.A. team is for more than $2 billion, said the people, who spoke on the condition of anonymity because the offer was private.

An N.B.A. spokesman declined to comment.

This is a developing story. Check back for more updates.