Sam Darnold reacts during Seattle Seahawks Super Bowl LX parade. Kevin Ng-Imagn Images

Seahawks Give Update in Selling Franchise

Originally posted on Seattle Seahawks on SI
By Jeremy Brener | Last updated Feb 18, 2026 1:12 PM ET

The current owners of the Seattle Seahawks are getting ready to sell the franchise, according to a statement from the Estate of Paul G. Allen.

"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 philanthrophy," the statement read.

"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."

The #Seahawks have begun the process of selling the franchise. pic.twitter.com/U77UAypZya
— Ari Meirov (@MySportsUpdate) February 18, 2026

Seahawks Beginning Sale Process

It remains to be seen who will step forward to become the new owners of the franchise, but the Seahawks are expected to set a new record for a sale. The franchise's recent Super Bowl win and total evaluation of NFL franchises as a whole will result in one of the biggest sales in sports history.

This article first appeared on Seattle Seahawks on SI and was syndicated with permission.

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