Seahawks say ‘team not for sale’ following report

DerekJohnson

Administrator
Staff member
Swaye's Wigwam
Founder's Club
Seahawks leadership celebrates their NFC Championship.  Coach Mike Macdonald address the Lumen Field crowd.  Team owner Jody Allen is at center.  (Dean Rutz / The Seattle Times)

Seahawks leadership celebrates their NFC Championship. Coach Mike Macdonald address the Lumen Field crowd. Team owner Jody Allen is at center. (Dean Rutz / The Seattle Times)

Skip Ad


Bob Condotta
By
Bob Condotta

Seattle Times staff reporter

The Seahawks will eventually be sold by Jody Allen, the current team chair who took over in that role when her brother, Paul Allen, died in 2018.

That has been known for a while and is not in dispute.

What is in question is whether the team will immediately be up for sale after the Super Bowl, as indicated in a report Friday afternoon by ESPN.

The ESPN report, headlined “Seahawks will go up for sale after Super Bowl LX” stated that “league and ownership sources familiar with the arrangement” said the team will go up for sale after the Super Bowl and that “sale discussions have taken place at ownership and league levels for at least the past week.”

However, shortly after that report, a statement through the Paul G. Allen Estate refuted that the team is currently for sale and said there is no news to report.

“We don’t comment on rumors or speculation, and the team is not for sale,” read the statement from a spokesman for the Paul G. Allen Estate. “We’ve already said that will change at some point per Paul’s wishes, but there is 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.”


As that statement indicates, the team will eventually be sold. And that statement doesn’t deny that it could happen after the Super Bowl.

The ESPN report cited a team executive who said the team could fetch $7-8 billion, a number a source also recently floated to The Seattle Times.

Jody Allen took over leadership of the team following the death of her brother Paul in Oct. 2018.


Jody Allen has stated several times since then that the team was not for sale.

But she acknowledged that the team would eventually have to go up for sale, per the wishes of her brother.

“The time will come when that changes given Paul’s plans to dedicate the vast majority of his wealth to philanthropy,” read a statement she released in July of 2022. “But estates of this size and complexity can take 10 to 20 years to wind down. There is no preordained timeline by which the teams must be sold.”


There was renewed speculation last spring that a sale could be in the offing because of the expiration of a clause in the terms of the 1997 referendum that funded the building of Lumen Field that would require Allen to hand over 10% to the state of Washington if the team were sold.

That clause expired in May of 2025.

After announcing last spring that the Portland Trail Blazers were for sale — a team Paul Allen bought in 1988 — Jody Allen released a statement saying that “news does not affect the Seattle Seahawks NFL franchise or the estate’s 25% interest in the Seattle Sounders MLS, and neither is for sale.” The sale of the Blazers is reportedly expected to be completed by March.

Paul Allen bought the Seahawks in 1997 for $194 million, keeping it in Seattle after then-owner Ken Behring had attempted to move the team to Los Angeles after unsuccessful attempts to either renovate the Kingdome or get a new stadium built.

Sign up for Fan Fix​


Your dose of local sports news. Delivered Monday through Friday.


Allen’s purchase was contingent on a new stadium being built, which became Lumen Field, which opened in 2002.

Jody Allen has not spoken publicly since taking over stewardship of the team, but she has made some appearances, most notably on Sunday when she accepted the George S. Halas Trophy as champions of the NFC on behalf of the team following the NFC title game.

“I’m incredibly proud to be standing here and accepting this on behalf of the 12s,” Allen said.


She had raised the 12 Flag before the game, upholding a tradition that began with her brother, who raised the flag before the team’s previous three NFL conference championship home games.

Coach Mike Macdonald spoke earlier Friday about the involvement of Allen noting that the two speak weekly after every game.

“The thing that sticks out to me about Jody was her enthusiasm about where she wanted our team to be, our franchise to be as a vision of the Seattle Seahawks and that was during our interview process,” Macdonald said. “Honestly, that’s really where I was like, ‘OK, this is something I feel really strongly about, that I think that I could help create that.’ So everything, I think, has been through that lens, and it’s very clear of what type of team she wants and she’s been incredibly supportive.


“We haven’t hit the mark all the time and so when she gives feedback, it’s very simple, it’s through a great lens that normally maybe like finding them in fog you don’t see it. She’s been awesome. She’s been awesome. We meet weekly.”

Macdonald said the meetings happen via Zoom.

“It’s like a piercing question that gets right to the point and it’s helpful,’’ he said. “When you look at it through that lens of we’re going in the same direction here, it really has been.’’

Paul Allen became the third owner of the team, following Behring, who bought the team in 1988 from the Nordstrom family, who owned it from its inception in 1974 and first game in 1976.

This story will be updated.




Bob Condotta: bcondotta@seattletimes.com. Bob Condotta is a sports reporter at The Seattle Times who primarily covers the Seahawks but also dabbles in other sports. He has worked at The Times since 2002, reporting on University of Washington Husky football and basketball for his first 10 years at the paper before switching to the Seahawks in 2013.
 
Can Ballmer carry on the Paul Allen legacy? Spend to high levels, let your experts build a winner and stay out of the way.
Balmer fagged out when he had the chance to buy the Sonics. And the Clippers suck dick under his ownership
 
Balmer fagged out when he had the chance to buy the Sonics. And the Clippers suck dick under his ownership
hard to judge - I know a lot about that situation. He built the greatest basketball arena in the world, 0 tax dollars. Not really his fault they went all in on Paul George and Kawhi (most teams would have back then), and that will take years to come out from under.
 
This is a Patriots psy-op to try and distract the players.

I believe the team is required to be sold by 2028, but agree that it was smart to hold the team as long as possible to derive maximum value. There is a less than zero chance that the team is moved. People thinking that's a possibility are out of their minds.
 
hard to judge - I know a lot about that situation. He built the greatest basketball arena in the world, 0 tax dollars. Not really his fault they went all in on Paul George and Kawhi (most teams would have back then), and that will take years to come out from under.
So the Clips cheated and arranged under the counter payments to Leonard without the owner giving his consent. I need a MUCH BETTER informed owner.
 
That
hard to judge - I know a lot about that situation. He built the greatest basketball arena in the world, 0 tax dollars. Not really his fault they went all in on Paul George and Kawhi (most teams would have back then), and that will take years to come out from under.
The Paul George trade is what fucked them over. Kawaii was not coming without it. Toya re right that most teams would have done the same.

If they kept SGA and all the draft picks (I think it’s 5 1st rounders)they would have a contender every year.

It is still a dysfunctional organization and that hasn’t changed under his watch.
 
Sounds like Goodell and his cronies are pushing the Seahawks to sell. They don't like the fact that there is currently no person as the official owner of the team.
 
Back
Top