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Paul Allen Reportedly Secured Premier Superyacht Parking Spot For London 2012 Olympics

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Even with the NBA on the verge of courtroom drama and a potentially canceled season, Portland Trail Blazers owner Paul Allen has reportedly managed to secure a courtside seat unlike any other.

Luxury products website reports that Allen has obtained the premier docking location for his superyacht during the upcoming 2012 Olympics in London, England.

With only nine months to go until the 2012 Olympics in London, the jockeying for position among megayacht owners is well underway. Berths for about 30 yachts are being prepared around London's waterways for the big event, but most of them will only accommodate smaller vessels. Several more are expected to visit though they won't all be in town at the same time. Only one of moorings will be able to accommodate a truly enormous yacht - and word is Microsoft billionaire Paul Allen has already snagged it for his 414 ft. Octopus, the world's 12th largest, ensuring he'll have pride of place, the Australian reports. So far about eight superyachts are booked in for the big event.

Mark Upton of superyacht advisory service MGMT is marketing packages for superyacht owners that include tickets for the top Olympic events as well as a concierge service featuring everything from tailors and hairdressers to sommeliers in addition to the dockage. "I am confident that we will see between 30 and 50 very large yachts in London next summer," Upton tells the paper. "West India Dock has a few and from what I understand the Royal Docks has taken bookings this week for three or four boats of a substantial size - in the top 15 per cent of the largest yachts in the world." Allen will be lording over them all, as usual.

Allen was reportedly a hard-liner during recent collective bargaining negotiations and one agent even threatened to boycott the Blazers because of Allen's role in the talks.

For more on the Octopus, click here.

-- Ben Golliver | | Twitter