The Seattle Seahawks will go up for sale after Super Bowl LX, sources told ESPN’s Seth Wickersham and Brady Henderson.
Conversations about a sale have reportedly been taking place for at least a week.
Paul Allen’s estate has owned the Seahawks and the NBA’s Portland Trail Blazers since his death in 2018, which followed a lengthy battle with cancer. His sister, Jody Allen, is the executor of the trust.
A spokesman for Paul Allen’s estate denied the report Friday.
“We don’t comment on rumors or speculation, and the team is not for sale,” the spokesman said in a statement obtained by NFL Network’s Ian Rapoport. “We’ve already said that will change at some point, per Paul’s wishes, but I have no news to share. Our focus right now is winning the Super Bowl and completing the sale of the Portland Trail Blazers in the coming months.”
Paul Allen reportedly left a directive for his sister to eventually sell both franchises and donate the proceeds to charity. A sale prior to May 2024 would’ve given 10% of the proceeds to the state of Washington, according to Sports Business Journal’s Ben Fischer, but that clause has since expired.
Sportico values the Seahawks at $6.59 billion, the 14th-highest valuation among NFL teams. If the franchise as a whole is listed for sale, it would mark the first time a team playing in the Super Bowl becomes available for purchase shortly after the game.
The Seahawks will face off against the New England Patriots in Super Bowl LX on Feb. 8. Seattle’s 111 regular-season victories are tied for the third most in the NFL since 2015.
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