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Seahawks Sale Intensifies as Bidding Could Top $10 Billion

Competing interest in the Paul G. Allen Trust process has pushed prices higher and put an August owners vote into consideration.

Overview

  • Late May reporting, citing NFL Network insider Ian Rapoport, says interest in the Seattle Seahawks’ sale has shifted from muted to robust and that the final price could eclipse $10 billion.
  • The Paul G. Allen Trust has retained Allen & Company to manage the financial process and advisers have received multiple letters of interest while spokespeople for the trust and the Seahawks have declined to comment.
  • If a deal reaches that level it would top recent North American franchise sales and would mark a record valuation for a sports team in the region.
  • Several high‑net‑worth figures and investor groups have been linked to the process in reporting, including names tied to tech and sports ownership, though some named individuals have publicly denied interest.
  • Any sale must clear NFL ownership rules and a vote of the league’s owners, with insiders saying a special owners meeting in August could approve a buyer and allow a new owner to be seated before the 2026 season; sale proceeds are designated for the Allen estate’s philanthropic directives and local matters such as Lumen Field planning will factor into league review.