The Seattle Seahawks reign supreme right now, having dominated the NFL all season and won Super Bowl LX by a comfortable margin in February.
A little over a week after hoisting the Lombardi, the Paul G. Allen Estate “commenced a formal sale process” for the Seahawks, per ESPN’s Brady Henderson on Feb. 18. Apparently, on-field wins didn’t translate to off-field intrigue.
ESPN’s Seth Wickersham reported Friday that the franchise “hasn’t generated the interest the NFL hoped for,” with an anonymous NFL team owner saying the Seahawks’ market is “soft.” An anonymous executive told Wickersham that the Seahawks haven’t drawn as many bidders as the Denver Broncos and Washington Commanders.
Even so, the Seahawks are projected to sell for more money than 99% of people will sniff in their lifetimes.
“The sources who spoke to ESPN said the situation was fluid but added that there are doubts among NFL owners and executives about whether the Seahawks sale - after sports business insiders speculated that it would spark a bidding war and that the franchise would fetch up to $11 billion - will eclipse the $10 billion mark,” Wickersham wrote. “They said they believe that the team will sell for slightly above $9 billion, which would still be a record price for an NFL team.”
The Broncos sold for $4.65 billion in August 2022, and the Commanders sold for $6.05 billion in July 2023. Both prices were records for North American franchise sales at the time of purchase, but have since been supplanted.
In the NBA, the Boston Celtics sold for $6.1 billion last August, while the Los Angeles Lakers’ sale was reported as a $10 billion valuation last June (via ESPN).
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