The Seattle Seahawks could be cashing in big after its run to the Super Bowl last season.
Shortly after defeating the New England Patriots, the Paul G. Allen Estate led by his sister Jody Allen, put the team on the market to enter a new era of the franchise. At first offers seemed to be lukewarm, but as teams begin to return to the practice field, the market is reportedly awakening.
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NFL insider Ian Rapoport shared that the market is “robust” and could be seeing offers exceed $10 billion during an appearance on the Pat McAfee Show.
“Here’s my understanding on the potential sale of the Seahawks,” Rapoport said. “The market, I’m told, has been robust in the way it is trending. Would not be surprised at all if there is a special meeting among NFL owners this coming August, could have a new Seahawks owner before the season. If all goes well, (the sale) could eclipse $10 billion.”
A sale of the Seahawks has been imminent since the passing of Allen back in 2018. Prior to his death, Allen gave the directive that both the Seahawks, and the Portland Trailblazers would be sold with proceeds being donated. The Trailblazers were sold to a group led by Tom Dundon, who owns the Carolina Hurricanes.
The most recent sale in the NFL came in 2023 when the Washington Commanders were purchased by a group led by Josh Harris for roughly $6 billion which at the time was a North American sports record.
Right now there are no definitive suitors placing bids for the team.
Patrick Dowd is a contributor for Ball Exclusives. You can follow him on Twitter, via Pat_Dowd77
