Story by
Seattle Seahawks are officially for sale after Super Bowl win
- Story by
- Seattle Seahawks are officially for sale after Super Bowl win
Seattle Seahawks are officially for sale after Super Bowl win appeared first on ClutchPoints . Add ClutchPoints as a Preferred Source by clicking here .
Seattle Seahawks fans are on top of the world right now. They enjoyed a Super Bowl victory and parade last week after accomplishing a feat nobody thought would happen before the season started. The players, coaches, and staff members all did their part, and they are being rewarded for it.
Advertisement
The owner of the team, Jody Allen, is going out strong. There is no better way to end an era than going out as champions. Her late brother, Paul Allen, would be very proud of what is happening right now.
The Seahawks shared an update on the sale of the team.
"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."
Advertisement
Earlier this month, Adam Schefter discussed how much money could be involved in this sale on the Pat McAfee Show. If there is a chance that the team could be sold for $10 billion, then that would rank them among the highest valued teams in the league alongside the Dallas Cowboys , New York Giants , and the Los Angeles Rams .
Stay tuned for more information about the sale of the Seahawks, which could take up almost all of the offseason.
Related: 6 players Seahawks must let walk in free agency during NFL offseason
Related: Seahawks hire NIU head coach to become NFL's highest-paid coach at position
