The Seattle Seahawks have officially been put up for sale just 10 days after winning Super Bowl LX, where they beat the New England Patriots to claim their second NFL title.
The franchise was bought in 1997 by Paul G. Allen, who saved the team from relocation and oversaw their first Super Bowl win in 2014. After his death in 2018, his estate announced it has now begun a formal sale process, in line with his wishes to eventually sell his sports holdings and donate the proceeds to charity.
According to Forbes, Allen bought the team for $194m and it is now valued at $6.7bn. Recent major sports sales include the Washington Commanders for $6.05bn and the Los Angeles Lakers for $10bn.
Allen’s estate, led by his sister Jody Allen, has appointed Allen & Company and Latham & Watkins to handle the sale.
