The upcoming Super Bowl LX may mark a pivotal moment for the Seattle Seahawks, potentially serving as the final game under the ownership of the Allen family. Jody Allen, who has been at the helm since the passing of her brother Paul Allen in 2018, is reportedly looking to sell the team, as noted by ESPN.
Paul Allen acquired the Seahawks in 1997, and his will stipulated that Jody would lead the franchise and eventually put it on the market, with the proceeds earmarked for charitable donations. Given the rising values of sports franchises, the sale of the Seahawks is expected to yield several billion dollars.
The most recent NFL team transaction involved the Washington Commanders, which sold for an impressive $6.05 billion in 2023, setting a precedent that suggests the Seahawks could command an even higher price. Additionally, Jody Allen is also in the process of selling the Portland Trail Blazers, with that deal projected to close at around $4.25 billion.
This shift in ownership could usher in a new era for the Seahawks, creating opportunities for fresh ideas and revitalized strategies for the franchise as it moves forward. The potential sale reflects the ever-increasing financial dynamics of professional sports, and it could set the stage for exciting developments in Seattle’s football landscape.