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As Blazers Sale Pends, Paul Allen's Estate Puts Seattle Seahawks up for Sale
The Paul Allen estate has initiated the sale of the Seattle Seahawks with an expected value over $6 billion, directing proceeds to philanthropy as per Allen's will.
- On Wednesday the Paul G. Allen Estate announced it has commenced a formal sale process for the Seattle Seahawks, with Allen & Company and Latham & Watkins leading through the 2026 off-season.
- After Allen's 2018 death, Jody Allen became executor with a plan to sell the Seahawks, which Paul G. Allen bought for $194 million in 1997 and kept in Seattle through a stadium deal at Lumen Field.
- Public estimates place the team's value at between $6.6 billion and $7 billion, and ESPN reported Jan. 30 that buyers could pay $7 to $8 billion, surpassing the $6.05 billion Commanders sale.
- NFL owners must ratify any final purchase agreement, and several billionaire suitors are expected to pursue the franchise, potentially triggering a bidding war during the 2026 off-season.
- The announcement followed the Seahawks' Feb. 8 Super Bowl victory and parade, when they beat the New England Patriots 29-13, and the sale aims to keep Seattle's NFL legacy alive.
70 Articles
70 Articles
One and a half weeks after winning the Super Bowl, the Seattle Seahawks American football team is facing a billion-dollar change of ownership! The estate manager of the late team owner and Microsoft co-founder Paul Allen announced that the Seahawks sales process was officially launched.The Allen family had bought the NFL franchise in 1997.Trail Blazers sold last yearPaul Allen died in 2018 at the age of 65 and had previously ordered to sell all …
The Seahawks enter into a process of sale, and what is collected to be for beneficent works, according to the will of Paul Allen.
Just 10 days ago they beat the New England Patriots in the NFL final.The franchise has a market value of between $7,000 and $8 billion.
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