The owners of the Portland Fire and Thorns have dropped their lawsuit against a minority investor in Tom Dundon’s group that intends to buy the Portland Trail Blazers, according to reports from The Athletic’s Mike Vorkunov and the Rose Garden Report’s Sean Highkin.

RAJ Sports Holding LLC and the Cherng family have reached a resolution out of court in the lawsuit regarding the Cherngs’ involvement in Dundon’s group, with The Athletic reporting that Dundon helped facilitate the deal. RAJ Sports, led by brother and sister duo Alex Bhathal and Lisa Bhathal Merage, made this statement about the development:

We are pleased to have reached a resolution out of court which we believe recognizes our position while also preserving the future of basketball in Portland. We look forward to working clo

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