Trail Blazers Name Joe Loomis Chief Financial Officer
Portland Trail Blazers media release –
PORTLAND TRAIL BLAZERS NAME JOE LOOMIS CHIEF FINANCIAL OFFICER
Loomis Joins with Nearly 20 Years of NBA Financial Experience
PORTLAND, Ore. (March 12, 2025) – The Portland Trail Blazers have hired Joe Loomis as the organization’s next Executive Vice President & Chief Financial Officer, it was announced today by Dewayne Hankins, President of Business Operations, Portland Trail Blazers & Rose Quarter. Loomis officially joins the organization on March 17.
As Executive Vice President and Chief Financial Officer, Loomis will oversee the financial operations of the team and arena, including budgeting, forecasting, financial reporting, and contract analysis. He will lead the organization’s financial departments while providing valuable negotiation and financial strategy insight to leadership across the company. Loomis joins the Trail Blazers after nine seasons with the San Antonio Spurs in various finance roles, closing out his time in Texas as the organization’s Senior Vice President of Finance, Technology and Culinary Operations. He brings nearly 20 years of NBA financial experience, with two years overseeing financial operations for the New York Knicks and more than eight years at the NBA league office in New York. During his time at the league office, he spent time as the Associate Vice President of Team Finance where he worked with all NBA teams on their league financial reporting and analysis.
“I look forward to continuing my NBA journey with another iconic franchise, the Portland Trail Blazers,” said Loomis. “This position represents a unique opportunity to lead the financial department of a franchise as well as be a part of the revitalization of an amazing Pacific Northwest city. I look forward to joining the team and providing my expertise as we explore the future of Rip City.”
“I am excited to welcome Joe Loomis to Portland to lead our financial operations during an exciting time across the organization,” said Hankins. “Joe brings deep financial expertise, strong league relationships, and experience managing financial operations across multiple venues that will be invaluable as we continue to grow and evolve as an organization.”
ABOUT THE PORTLAND TRAIL BLAZERS
Members of the National Basketball Association (NBA), the Portland Trail Blazers were founded in 1970 and purchased by the late Paul G. Allen in 1988. The team’s rich heritage includes 37 playoff appearances, three trips to the NBA Finals, an NBA championship in 1977 and a commitment to community service and sustainability. The Trail Blazers are dedicated to positively impacting underserved kids and their families throughout Oregon and Southwest Washington where they live, learn and play. Portland is the first and only professional sports franchise to receive the prestigious National Points of Light Award for excellence in corporate and community service. The Trail Blazers home arena, Moda Center, is the first existing arena to earn LEED Platinum Certification in 2019 after receiving LEED Gold Recertification in 2015 and becoming the first existing professional sports venue in the world to receive LEED Gold status in 2010. The team is also one of the founding members of the Green Sports Alliance. For more information, visit trailblazers.com.