Jody Allen Plans to Sell Seahawks Post Super Bowl LX: Report
In a significant development, Jody Allen reportedly plans to sell the Seattle Seahawks following Super Bowl LX. This transition is noteworthy as it may mark the end of the Allen family’s ownership of the team.
The Legacy of Paul Allen
Jody Allen took control of the Seahawks after her brother, Paul Allen, passed away in 2018. The franchise was purchased by Paul Allen in 1997. His will explicitly stated that Jody would manage the team and eventually sell it, with the intent to donate proceeds to charity.
Valuation and Market Trends
The potential sale of the Seahawks could yield several billion dollars. Recent data highlights the rising values of sports franchises, making the Seahawks’ worth particularly significant. For context, the Washington Commanders were sold for an impressive $6.05 billion in 2023.
- Last NFL team sold: Washington Commanders
- Sale price: $6.05 billion
- Paul Allen’s purchase price: Seattle Seahawks (1997)
- Potential sale price for Seahawks: Several billion dollars
Current Sales of NBA Team
In addition to her involvement with the Seahawks, Jody Allen is also in the process of selling the Portland Trail Blazers. The expected sale price for this NBA team is around $4.25 billion.
As the sports franchise market continues to evolve, the forthcoming sale of the Seahawks could set new benchmarks in valuation.
