The estate of the late Paul Allen has officially initiated the process to sell the Seattle Seahawks, according to Adam Schefter of ESPN, citing reporting from Brady Henderson.
The Seattle Seahawks, who captured a Super Bowl title during Allen's tenure, have been under the management of the Paul G. Allen Trust since his passing in 2018. Allen originally purchased the franchise in 1997, a move that famously kept the team in Seattle and ushered in the most successful era in the organization's history.
The beginning of the sale process marks a significant turning point for the NFL, as the Seahawks are expected to command a massive valuation on the open market. While the estate has now moved forward with the formal steps required for a transition in ownership, there is currently no confirmed timeline for when a sale might be finalized or which potential buyers may be involved in the bidding process.
The franchise remains one of the league's most stable and successful brands, making this one of the most anticipated team sales in professional sports history.
This is a developing story. Check back for updates.
Sources & Original Reporting