The Seahawks have been in the Allen family since 1997, when Paul Allen bought the team for $194 million from then-owner Ken Behring. Allen was critical in keeping the Seahawks in Seattle, which is where the team is expected to remain after the sale is finalized.
The Seahawks have a lease at Lumen Field that runs through 2032 with three 10-year options.
Since Allen, cofounder of Microsoft, [died in 2018](https://www.nfl.com/news/seattle-seahawks-owner-paul-allen-dies-at-age-of-65-0ap3000000974688) from complications of non-Hodgkin lymphoma at 65, the Seahawks and the NBA’s Portland Trail Blazers have been owned by his sister, Jody.
The estate agreed in September to sell the Trail Blazers to an investment group led by Carolina Hurricanes owner Tom Dundon. The Trail Blazers will remain in Portland as part of the deal, which is awaiting final approval from the NBA Board of Governors.
The last NFL team to be sold was the Washington Commanders in 2023. A group led by Josh Harris that includes Magic Johnson bought the team from longtime owner Dan Snyder and his family for a record $6.05 billion.
The Seahawks beat the New England Patriots, 29-13, in the Super Bowl in February.