Published on: 02/20/2026
This news was posted by JC News
Description
Seahawks release - 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 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.
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