Seattle Seahawks officially up for sale

(The Center Square) – The Super Bowl LX champion Seattle Seahawks are officially up for sale.

“The Estate of Paul G. Allen today announced it has commenced a formal sale process for the Seattle Seahawks NFL franchise, consistent with Allen’s directive to eventually sell his sports holdings and direct all Estate proceeds to philanthropy,” the team said in a Wednesday statement.

“The Estate has selected investment bank Allen & Company and law firm Latham & Watkins to lead the sale process, which is estimated to continue through the 2026 off-season. NFL owners must then ratify a final purchase agreement.”

The announcement is not a surprise, following on the heels of news last month that the franchise would be put up for sale after Super Bowl LX, as first reported by ESPN.

After that news broke, the Allen estate put out ...