Seahawks Begin Process of Selling Team After Super Bowl Win

Got story updates? Submit your updates here. ›

The Estate of Paul G. Allen has announced that it has 'commenced a formal sale process' of the Seattle Seahawks just 10 days after the franchise captured its second Super Bowl title. The sale is consistent with Allen's directive to eventually sell his sports holdings and direct all proceeds to philanthropy. The Seahawks are expected to sell for a record-breaking amount, potentially as high as $8 billion.

Why it matters

The sale of the Seahawks, a defending Super Bowl champion, is highly unusual and significant. It will test the limits of the NFL franchise valuation and could set a new record for the most expensive team sale in league history. The proceeds from the sale will also go towards Allen's philanthropic efforts, making this a notable transition of ownership and wealth.

The details

The Estate of Paul G. Allen, the co-founder of Microsoft who purchased the Seahawks in 1997 for around $200 million, has selected investment bank Allen & Company and law firm Latham & Watkins to lead the sale process. The sale is expected to continue through the 2026 off-season, at which point NFL owners must ratify a final purchase agreement.

• The Seahawks won the Super Bowl on February 8, 2026.
• The Estate of Paul G. Allen announced the sale process on February 19, 2026, just 10 days after the Super Bowl win.

What’s next

NFL owners must ratify a final purchase agreement for the sale of the Seahawks, which is expected to occur after the 2026 off-season.