Seattle Seahawks Officially for Sale After Super Bowl 60 Win, Valuation Could Reach $10 Billion

Coming off a 29-13 win over the New England Patriots in Super Bowl 60, the Seattle Seahawks are officially for sale. 

The news was announced on Wednesday that the franchise would begin the process of selling the team. 

The process is being led by the investment bank Allen & Co. and the law firm Latham & Watkins.

https://x.com/MySportsUpdate/status/2024187718322778347

This is expected to last through the 2026 offseason. 

Seahawks Current Ownership Information

Right now, the Seahawks are owned by the estate of Paul Allen. He co-founded Microsoft and owned the team from 1997 until he died in 2018. 

Now, his sister, Jody Allen, is the executor of his estate and took over leadership of the franchise, and is overseeing the sale of his assets and all donations to charity. 

"We've already said that will change at some point per Paul's wishes, but I have no news to share," the spokesperson's statement said. "Our focus right now is winning the Super Bowl and completing the sale of the Portland Trail Blazers in the coming months."

So, in addition to the Seahawks, the estate is in the process of selling the NBA's Portland Trail Blazers. 

Seahawks Valuation

Before the Seahawks won Super Bowl 60 and heading into this season, the Seahawks had a $6.59 billion valuation, per Sportico. 

Some recent franchises that have been sold were the Washington Commanders for $6.05 billion in 2023. Also, this past June, the NBA's Los Angeles Lakers had a majority stake go for $10 billion. 

According to Ari Meirov, there's a belief within the NFL that the Seahawks could potentially be sold for $10 billion, which would be $3.95 billion more than the Commanders just a few years ago. 

Now, we'll see who submits bids for the team. After that, a sale will be finalized after NFL owners ratify a purchase agreement. 

Also, the Seahawks will need to replace offensive coordinator Klint Kubiak, who left to become the head coach of the Las Vegas Raiders.