Seattle Seahawks Hit the Market Following Super Bowl Triumph Over Patriots
The Seattle Seahawks are officially up for sale as per the wishes of the late owner Paul Allen. On Wednesday, Allen's estate announced the commencement of the sale process, coinciding with the team's recent success, having just secured their second Super Bowl victory in franchise history. Key details include: The sales process will be managed by investment bank Allen & Company and law firm Latham & Watkins. The timeline for the sale is expected to extend through the offseason, with NFL owners required to ratify any final purchase agreement. This sale aligns with Allen's directive to eventually divest his sports holdings and direct the proceeds to philanthropic efforts. The Seahawks, acquired by Paul Allen in 1997 for $194 million, have remained within the Allen family. Following Allen's passing in 2018, ownership transitioned to his sister, Jody Allen. Recently, the estate agreed to sell the NBA's Portland Trail Blazers to an investment group led by Tom Dundon, owner of the Carolina Hurricanes. Earlier this month, the Seahawks triumphed in Super Bowl 60, defeating the New England Patriots with a score of 29-13 at Levi's Stadium in Santa Clara, California. The anticipated sale could potentially set a new record for NFL transactions, surpassing the $6.05 billion paid for the Washington Commanders in 2023.
Source: Sky Sports - 2026-02-18