Sale Process Launched Following Super Bowl Triumph The Paul G. Allen estate announced on February 18, 2026 that it has “commenced a formal sale process” for the Seattle Seahawks, just ten days after the franchise secured its second Super Bowl title by defeating the New England Patriots [1][2]. The announcement appeared on the team’s official Instagram account, confirming long‑rumored post‑season sale talks [2]. Jody Allen, executor of the estate, is obligated by Paul Allen’s will to eventually sell all sports assets and direct proceeds to charitable causes [2]. The transaction must receive approval from the NFL’s 32 owners before it can proceed [2].

Team Valuation Hits Multi‑Billion Mark Amid Record Sales Forbes values the Seahawks at $6.7 billion, ranking them the 14th‑most‑valuable NFL franchise and reflecting a dramatic rise from Paul Allen’s 1997 purchase price of $194 million [1]. This valuation follows recent landmark deals, including the Washington Commanders’ $6.05 billion sale in 2023 and the Los Angeles Lakers’ $10 billion purchase in 2025 [1]. Analysts suggest the Super Bowl win could further boost the asking price, positioning the Seahawks among the most expensive recent sports team listings [1][2]. The high‑profile nature of the sale is expected to attract a global pool of potential buyers.

Estate Executes Paul Allen’s Philanthropic Directive Across Sports Holdings Paul Allen’s portfolio comprised the Seahawks, the Portland Trail Blazers, and a 25 % stake in the Seattle Sounders [2]. The Trail Blazers sale, announced in 2025, remains pending with a $4.25 billion deal involving Tom Dundon of the Carolina Hurricanes [1]. The Sounders stake is also slated for eventual disposition under the same philanthropic mandate [2]. Jody Allen oversees both the Seahawks and Trail Blazers transactions, ensuring proceeds will fund the Allen family’s charitable initiatives [1][2].

Deal Managed by Allen & Company, Requires NFL Owners’ Sign‑Off The estate has retained investment bank Allen & Company and law firm Latham & Watkins to steer the Seahawks sale [1][2]. These advisors will coordinate the marketing, bidding, and compliance processes while navigating NFL ownership approval requirements [2]. The involvement of high‑profile advisors underscores the complexity of transferring a $6.7 billion franchise within league regulations [1]. Final terms will be disclosed only after a qualified buyer is selected and the league grants consent [2].