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acquisitionAnnounced · Feb 3, 2026SportsSource · CredibleArticle · Factual
Colorado Rapids acquires Portland Timbers
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
$2.65M
Target
Portland Timbers
MLS:POR · Portland, Oregon
Acquirer
Colorado Rapids
Financial Stake
Status
Completed
Colorado Rapids agreed to acquire Portland Timbers. Reported deal value: $2.65M. Status: Completed. Sector: Sports. Target headquarters context: Portland, Oregon, United States.
This page summarizes publicly available information about the transaction as of 2026-02-03. Figures and status may change as filings and press coverage update.
The Colorado Rapids announced today the club has traded midfielder Cole Bassett to Portland Timbers FC in exchange for $2.65 million in a cash-for- player trade
Deal timeline
Announced
Feb 3, 2026 · oursportscentral.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Sports with a reported deal value of $2.65M. Figures and status may change as sources update.
Sources: oursportscentral.com · Primary article · FireStrike proprietary index