"The Seattle Seahawks are expected to be put up for sale after Super Bowl LX, according to league and ownership sources, bringing an end to years of uncertainty surrounding the franchise's future ownership following the death of Paul Allen in 2018. Sources indicated that sale discussions have been ongoing at league and ownership level for at least the past week."
"The Seahawks are now beyond the point at which a sale would have required sharing 10 percent of the proceeds with the state of Washington. If the franchise is sold following Super Bowl LX, it would mark the first time in the Super Bowl era that a team competing in the championship game is placed on the market shortly afterwards."
Sale discussions have been active for at least a week, and the Seattle Seahawks are expected to be put up for sale after Super Bowl LX. The franchise has been owned by Paul Allen's estate since his 2018 death, with Jody Allen as executor, and Allen directed that both the Seahawks and the Portland Trail Blazers be sold with proceeds donated to charity. The team is beyond the point of sharing 10 percent of proceeds with Washington. A post–Super Bowl sale could set a new valuation benchmark for an NFL franchise. The estate reiterated 'the team is not for sale' while acknowledging an eventual sale in line with Allen's wishes.
Read at 101GREATGOALS.COM
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