The Seattle Seahawks are officially up for sale as per the wishes of late owner Paul Allen, with his estate announcing the process has begun following the team’s recent Super Bowl victory. Investment bank Allen & Company and law firm Latham & Watkins are overseeing the sale, expected to continue through the offseason and requiring NFL owners’ ratification. Allen purchased the team in 1997 for $194 million, and since his death in 2018, the team has been managed by his sister, Jody. The estate aims to direct proceeds from the sale to philanthropy, having already agreed to sell the NBA’s Trail Blazers.
