Overview
- The estate issued an official statement confirming a formal sale process days after Seattle’s 29-13 Super Bowl LX win over New England.
- Allen & Company and Latham & Watkins will lead the process, which is expected to run through the 2026 offseason.
- Any agreement will require NFL owner ratification, typically defined as approval from at least 24 of 32 owners.
- Independent valuations place the franchise around $6.6–$6.7 billion, while analysts suggest the final price could set a record and potentially reach the high single digits to about $10 billion.
- Paul G. Allen bought the team in 1997 and directed that sale proceeds go to philanthropy; Jody Allen has overseen the franchise since 2018, and no formal bids have been reported despite public speculation about potential buyers.