The Seattle Seahawks are expected to set a new record for the highest price ever paid for an NFL franchise, though the sale process is currently drawing "softer-than-expected" interest, according to Seth Wickersham of ESPN.
While the valuation for the Seahawks is anticipated to surpass previous league benchmarks, the initial response from potential bidders has reportedly been more muted than league observers anticipated. The franchise is currently under the ownership of the Paul G. Allen Trust, which has been managed by Jody Allen since the passing of her brother, Paul Allen, in 2018.
The current record for an NFL team sale was set in 2023 when the Washington Commanders were sold for $6.05 billion. While the Seahawks are positioned to exceed that figure, the report from Wickersham indicates that the pool of interested parties may be smaller than expected at this stage of the process. No specific timeline for a formal transaction has been confirmed by the team or the league.
This is a developing story. Check back for updates.
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