Overview
- League sources told ESPN on Friday that activity around the Seahawks sale is “soft,” with some owners now expecting a price near $9 billion instead of the loftier estimates.
- Sportico reported Thursday that Aditya Mittal and former Celtics lead owner Wyc Grousbeck submitted a letter of interest to Allen & Company, and Grousbeck would run operations part-time in Seattle because Mittal lives in London.
- In a separate Thursday report, Sportico said billionaire Vinod Khosla filed his own letter of intent, and he would need to sell his San Francisco 49ers stake to qualify as a controlling NFL owner.
- The franchise is being sold by the estate of the late Paul G. Allen, which retained Allen & Company to manage the process, and his will directs sale proceeds to charitable causes.
- Recent valuations peg the team around $6.6–$6.7 billion, and even a cooler market would still likely produce a record NFL sale above the $6.05 billion paid for the Commanders in 2023.