Larry Weinberg, the wealthy real estate developer who helped bring the NBA to Portland, has died. He was 92.

Weinberg was one of the original three owners of the Portland Trail Blazers. He became majority owner and president of the team in 1975.

Weinberg’s passing comes less than three months after the death of Paul Allen, who bought the team from Weinberg in 1988 for $70 million. Today the team is worth an estimated $1.3 billion, according to Forbes Magazine.