SEATTLE – (Staff and Wire Service Report) – A week before the Seattle Seahawks will play in the Super Bowl, the team denied multiple media reports on Friday that it will be up for immediate sale following the title game.
Paul Allen owned the Seahawks and the Portland Trail Blazers until his death in 2018. The clubs are currently controlled by his trust under the management of his sister, Jody Allen. Paul Allen’s request was that the teams eventually be sold, with the money going to charity.
“We don’t comment on rumors or speculation, and the team is not for sale,” a club spokesman said in a statement on Friday. “We’ve already said that will change at some point per Paul’s wishes, but I have no news to share. Our focus right now is winning the Super Bowl and completing the sale of the Portland Trail Blazers in the coming months.”
Per Sportico last summer, the Seahawks were valued at $6.59 billion, in the middle of the pack for NFL teams. Forbes’ December 2024 list of worldwide sports franchise values put the Seahawks in a tie for 24th place with the Los Angeles Dodgers at $5.45 billion.
The latest purchase of an NFL club was the $6.05 billion sale of the Washington Commanders in 2023. ESPN cited an anonymous team executive saying the Seahawks could be sold for $7 billion to $8 billion.
The highest-valued sports franchise is the Dallas Cowboys, listed by Sportico at $12.8 billion and by Forbes a year earlier at $10.1 billion.
Paul Allen spent $200 million in 1997 to buy the Seahawks from Ken Behring at a time when there was talk of the team relocating.
The Seahawks, who joined the NFL as an expansion team in 1976, will make their fourth Super Bowl appearance when they oppose the New England Patriots on Feb. 8 in Santa Clara, Calif. Seattle lost in the title game to the Pittsburgh Steelers after the 2005 season, beat the Denver Broncos for the championship after the 2013 season and fell to the Patriots for the crown after the 2014 season.
–Field Level Media