Seattle Seahawks Sale: Bidding War Heats Up as Potential Buyers Emerge
The sale of the Seattle Seahawks is becoming less secretive as potential buyers submit their bids. According to Bloomberg News, the first round of bids was due on June 29. Three groups have shown interest in purchasing the team, including one led by Wyc Grousbeck and Aditya Mittal, another by Vinod Khosla, and a third by Todd Boehly.
Jody Allen has owned the Seahawks since her brother, Paul Allen, passed away in 2018. The team faced scrutiny for not meeting the NFL's ownership requirements, resulting in a reported $5 million fine. However, the NFL denied imposing any fine and instead required the team to be sold in accordance with Paul Allen's trust after winning Super Bowl LX.
Initially, the Seahawks were expected to sell for $9 billion to $11 billion, but reports indicated a soft market. Recent updates suggest a more active market, with signs pointing to a potential deal before the 2026 regular season begins. Today marks the deadline for interested parties to make their bids, signaling a crucial moment in the sale process.