Seahawks Franchise Officially For Sale

The Seahawks have enjoyed stable ownership since Allen, the co-founder of Microsoft, purchased the franchise for $200MM in 1997. Allen passed away in 2018, but the team has stayed in his family since then.

Jody Allen, Allen’s sister, has taken control over the past eight years. Rumors of a potential sale have persisted for a few years, most recently before the Super Bowl, making Wednesday’s announcement unsurprising.

Allen’s goal was for his sister to eventually sell the Seahawks and the NBA’s Portland Trail Blazers and donate the proceeds to charity. Jody Allen sold the Blazers for approximately $4.2 billion last August. The wheels are now in motion to offload the Seahawks at a significantly higher price tag.

Josh Harris bought the Commanders for a record $6.05 billion in 2023, but the Seahawks figure to blow past that number. They could cost anywhere from $9 billion to $11 billion. Recent reports indicated Jeff Bezos, owner of The Washington Post and founder of Amazon, is not expected to vie for the Seahawks. Regardless, with the NFL pushing for a Seahawks sale sooner than later, bidders will begin lining up in short order.