Larry Weinberg (businessman)

Larry Weinberg (businessman)

Larry Weinberg is an American real estate developer who was one of the founders of the NBA's Portland Trail Blazers.

In 1970, Weinberg, Herman Sarkowsky, and Robert Schmertz paid $3.7 million to secure an NBA expansion team for Portland. Weinberg became president of the Trail Blazers in 1975, replacing Sarkowsky, who turned his attention to the NFL's Seattle Seahawks. Two years later, the Trail Blazers won an NBA Championship. Weinberg served as team president until 1988, when he sold the team to Paul Allen.

The Trail Blazers honored Weinberg in 1992 by retiring a #1 jersey with his name. Three players have since received permission from Weinberg to wear #1: Rod Strickland, Derek Anderson and Jarrett Jack.

In addition to his work in basketball and real estate, Weinberg has served as president of the American Israel Public Affairs Committee.

Related Links

* List of AIPAC officers

External links

* [http://www.nba.com/blazers/features/Learn_More_About_Larry_Weinber-44362-41.html Learn more about Larry Weinberg] from NBA.com
* [http://www.cbif.org/halloffamedetail.asp?ID=168 Profile] at California Building Industry Foundation website


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