Paul Allen's Seahawks Enter Sale Process After Super Bowl Triumph

The estate of Paul G. Allen has launched a formal sale process for the Seattle Seahawks, ten days after the team’s Super Bowl victory. Allen bought the franchise in 1997 and died in 2018; the sale proceeds are intended for philanthropy. Forbes values the Seahawks at about $6.7 billion, making them among the NFL’s most valuable franchises. The sale is being led by Allen & Company and Latham & Watkins, with sister Jody Allen as executor, and comes after other marquee deals like the Commanders’ 2023 sale; the Trail Blazers’ sale is also progressing under separate terms.