The Brief
Following their Super Bowl LX victory, the Seattle Seahawks have officially been put up for sale by the Paul G. Allen Estate to fulfill the late owner’s philanthropic directives.
The formal process, led by Allen & Company and Latham & Watkins, is expected to continue through the 2026 off-season and will require final ratification from NFL owners.
This announcement confirms long-standing speculation that the franchise would be sold once the team’s championship run concluded.
SEATTLE - The Super Bowl champion Seattle Seahawks are officially up for sale, the organization announced on Wednesday.
The team posted this message on Instagram:
"The Estate of Paul G. Allen today announced it has commenced a formal sale process for the Seattle Seahawks NFL franchise, consistent with Allen's directive to eventually sell his sports holdings and direct all Estate proceeds to philanthropy.
The Estate has selected investment bank Allen & Company and law firm Latham & Watkins to lead the sale process, which is estimated to continue through the 2026 off-season. NFL owners must then ratify a final purchase agreement."
This comes a week and a half after beating the New England Patriots 29-13 in Super Bowl LX.
More than two weeks before the Super Bowl, there were reports that the team would go up for sale after the game, following years of speculation after the death of owner Paul Allen in 2018.
This is a developing story, and will be updated once more information becomes available.
The Source: Information in this story came from the Seattle Seahawks and original reporting by FOX 13 Seattle.
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