The Seattle Seahawks have officially been put up for sale, according to a report from Ian Rapoport of NFL Network. The announcement marks a historic shift for the franchise and the NFL landscape at large.
The team has been under the control of the Paul G. Allen Trust since the passing of long-time owner Paul Allen in 2018. His sister, Jody Allen, has served as the team’s chair and trustee in the interim. While rumors regarding a potential sale have circulated for several years due to the stipulations of the trust, today's confirmation signals the formal beginning of the transition to new ownership.
The Seahawks are considered one of the premier organizations in professional sports, and the bidding process is expected to attract high-profile billionaire investors and ownership groups. This sale could potentially set new records for the valuation of a professional sports franchise, following recent high-value transactions across the league.
This is a developing story. Check back for updates.
Sources & Original Reporting