Jody Allen Plans to Sell Seahawks Following Super Bowl LX
Jody Allen, the current steward of the Seattle Seahawks, is preparing to sell the franchise following Super Bowl LX. This decision comes as the Allen family transitions in ownership since the passing of Jody’s brother, Paul Allen, in 2018.
Background on the Allen Family Ownership
Paul Allen acquired the Seahawks in 1997. His will appointed Jody Allen to manage the team after his death. She is expected to oversee the eventual sale of the franchise, with proceeds aimed at charitable donations.
Valuation and Market Trends
The sale price for the Seahawks is anticipated to be in the billions. Recent history supports this expectation; the Washington Commanders sold for $6.05 billion in 2023.
The Seattle Seahawks, a notable NFL franchise, is likely to attract high bids as sports franchise values continue to soar.
Comparison with Other Sales
- Washington Commanders: Sold for $6.05 billion in 2023.
- Portland Trail Blazers: Currently on the market for $4.25 billion.
Future of the Seahawks
Jody Allen’s decision to sell the team marks a significant moment for the Seahawks’ legacy. The forthcoming sale may yield a record price, potentially surpassing recent transactions in the sports industry. As the market evolves, the Seahawks’ estimated value remains promising, reflecting the growing financial landscape of professional sports.
