Seahawks Enter Formal Sale Process After Super Bowl LX Win

#Seahawks Officially Up for Sale

The Seattle Seahawks are officially on the market. In a statement released Wednesday, the Estate of Paul G. Allen said it has launched a formal sale process for the franchise, consistent with Allen’s directive to eventually sell his sports holdings and direct proceeds to philanthropy.

#Who Is Handling the Process

The estate said Allen & Company and Latham & Watkins are leading the transaction. The process is expected to continue through the 2026 offseason, and any final agreement must be ratified by NFL owners.

#Timing After Super Bowl LX

The announcement came less than two weeks after Seattle’s 29-13 win over the New England Patriots in Super Bowl LX on February 8. Kenneth Walker III earned Super Bowl MVP honors, while Sam Darnold helped lead the championship run.

#Franchise Background and What’s Next

Allen bought the Seahawks in 1997 and oversaw the franchise’s first Super Bowl title in 2013. Since Allen’s death in 2018, Jody Allen has served as chair. His will called for the team’s eventual sale, with proceeds going to charitable causes.

NFL Network’s Judy Battista reported there was urgency for Seattle to begin the process before the Annual League Meeting, set for March 29-April 1 in Phoenix. The final sale price is expected to challenge the NFL record, currently $6.05 billion from Washington’s sale in 2023.