Seahawks Sale: Paul Allen Estate to Sell NFL Team for Potential Record Price

The Seattle Seahawks are officially on the market, marking a pivotal moment not just for the franchise, but for the entire NFL landscape.

Published on Feb. 24, 2026

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Following their Super Bowl LX victory, the estate of the late Paul G. Allen has initiated the sale process for the Seattle Seahawks, fulfilling Allen's wish to see the team's proceeds directed towards philanthropic endeavors. This sale is poised to be a landmark event, potentially eclipsing the $6.05 billion paid for the Washington Commanders in 2023.

Why it matters

Paul Allen's ownership of the Seahawks ushered in a period of sustained success, including two Super Bowl appearances and victories, four NFC championships and eleven division titles. The sale of the Seahawks, along with the ongoing sale of the Portland Trail Blazers, represents the fulfillment of Allen's directive to eventually sell both teams, with the proceeds going towards philanthropic causes.

The details

The Seahawks sale, led by Allen & Company and Latham & Watkins, is expected to continue throughout the NFL offseason, requiring ratification from league owners. Forbes currently estimates the Seahawks' value at $6.7 billion, placing them 14th among the NFL's most valuable franchises. The escalating valuations of NFL teams reflect several converging factors, including the league's immense popularity, consistently high television ratings, and lucrative media deals, as well as limited supply and high demand.

  • The sale process is expected to continue through the NFL offseason, with a final agreement requiring ratification from league owners.
  • The sale of the Portland Trail Blazers is currently underway, with a deal valued around $4.25 billion.

The players

Paul G. Allen

The Microsoft co-founder who acquired the Seahawks in 1997 for approximately $200 million, saving the team from relocation and ushering in a period of sustained success.

Jody Allen

Paul Allen's sister, who assumed control of the Seahawks as executor of his trust after his passing in 2018, with a clear directive to eventually sell both the Seahawks and the Portland Trail Blazers.

Tom Dundon

The Carolina Hurricanes owner leading the group that is in the process of acquiring the Portland Trail Blazers for around $4.25 billion.

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What’s next

The sale of the Seahawks is expected to continue throughout the NFL offseason, with a final agreement requiring ratification from league owners.

The takeaway

The sale of the Seahawks, along with the ongoing sale of the Portland Trail Blazers, represents the fulfillment of Paul Allen's directive to eventually sell both teams, with the proceeds going towards philanthropic causes. This sale is poised to be a landmark event, potentially eclipsing the record-setting $6.05 billion paid for the Washington Commanders in 2023.