Seattle Seahawks Up for Sale After Second Super Bowl Win

Paul Allen's estate begins process to sell the NFL team, which is expected to fetch a record price.

Published on Feb. 23, 2026

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The estate of late Microsoft co-founder Paul Allen has announced that the Seattle Seahawks, the reigning Super Bowl champions, are up for sale. The team has been owned by the Allen family since 1997, but Allen's directive was to eventually sell his sports holdings and direct the proceeds to philanthropy. Investment bank Allen & Company and law firm Latham & Watkins will lead the sales process, which is estimated to continue through the offseason before being ratified by NFL owners.

Why it matters

The sale of the Seahawks is expected to set a new record for an NFL franchise, potentially exceeding the $6.05 billion price tag for the Washington Commanders in 2023. This reflects the continued growth and popularity of the NFL, as well as the desirability of owning a championship-caliber team in a major market like Seattle.

The details

The Seahawks have been owned by the Allen family since 1997, when Paul Allen purchased the team for $194 million. The team is just coming off its second Super Bowl victory in franchise history. The sale process is expected to continue through the offseason, with the final purchase agreement needing to be ratified by NFL owners. The Seahawks have a lease at Lumen Field that runs through 2032 with three 10-year options, ensuring the team will remain in Seattle.

  • The Seattle Seahawks just won the Super Bowl in 2026.
  • Paul Allen, the team's former owner, passed away in 2018.
  • The estate agreed in September 2025 to sell the NBA's Portland Trail Blazers.

The players

Paul Allen

The late co-founder of Microsoft, who purchased the Seahawks in 1997 and owned the team until his death in 2018.

Jody Allen

Paul Allen's sister, who has owned the Seahawks and Trail Blazers since her brother's passing.

Tom Dundon

The owner of the Carolina Hurricanes, who led the investment group that purchased the Portland Trail Blazers in 2025.

Josh Harris

The leader of the investment group that purchased the Washington Commanders in 2023 for a record $6.05 billion.

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What’s next

The sales process is expected to continue through the offseason, with the final purchase agreement needing to be ratified by NFL owners.

The takeaway

The sale of the Seattle Seahawks, the reigning Super Bowl champions, is expected to set a new record for an NFL franchise, reflecting the continued growth and popularity of the league. The team's new owner will inherit a championship-caliber team in a major market, making it a highly desirable asset.