The Seahawks are being put up for sale after a championship run, and the price tag could shatter records

The Seattle Seahawks are officially on the market following their Super Bowl LX victory. As reported by The Seattle Times, the Estate of Paul G. Allen announced that it has begun the formal process of selling the franchise. The decision comes just days after Seattle’s 29-13 win over the New England Patriots on February 8, 2026.

The move follows directives in Paul Allen’s will, which calls for his sports holdings to be sold with most proceeds directed to philanthropic causes. Allen purchased the team in 1997 and owned it until his death in October 2018. His sister, Jody Allen, has served as executor and trustee of the estate and as team chair.

The sale is expected to command a record-setting price. The current NFL benchmark is the $6.05 billion paid for the Washington Commanders in 2023, while the North American record remains the $10 billion sale of the Los Angeles Lakers last October. Public valuations place the Seahawks between $6.6 billion and $7 billion, though the final figure could climb higher with the team coming off a title and the NFL preparing for upcoming media-rights negotiations.

A championship team hits the market

This marks the first time a reigning Super Bowl champion has been put up for sale in the same year it won the title. Jody Allen hoisted the Lombardi Trophy following the victory in Santa Clara, California. The estate has retained Allen & Company and Latham & Watkins to oversee the transaction, which is expected to extend through the 2026 offseason.

League rules require an individual, rather than a trust, to serve as controlling owner. While NFL Commissioner Roger Goodell publicly praised Jody Allen’s leadership, the league had long acknowledged the franchise would eventually need to be sold under the terms of the trust, amid Senate election bill filibuster. The timing also follows the May 2024 expiration of a clause tied to public funding for Lumen Field that would have required the team to remit 10 percent of the gross sale price to the state.

Allen & Company and Latham & Watkins also handled the recent sale of the Portland Trail Blazers, another Allen holding. Tom Dundon, owner of the NHL’s Carolina Hurricanes, agreed last August to purchase the franchise for more than $4 billion, with that deal expected to close soon. Any Seahawks sale will require approval from 24 of the league’s 32 owners.

A relocation is widely considered unlikely. The franchise’s lease at Lumen Field runs through the 2031 season and includes three additional 10-year options, amid Tesla California owner costs. The team has sold out every home game since 2003.

Paul Allen purchased the Seahawks for $194 million in 1997, preventing a potential move to Anaheim. During his ownership and under Jody Allen’s stewardship, Seattle reached all four Super Bowls in franchise history and won championships in the 2013 and 2025 seasons. Coach Mike Macdonald and General Manager John Schneider have credited Jody Allen’s support during the team’s recent rebuilding process.