NFL commissioner gives update on Seahawks sale
Key Points:
- NFL Commissioner Roger Goodell confirmed there are no new updates on the sale of the Seattle Seahawks, though the team remains officially for sale with significant interest from potential buyers.
- The Paul Allen estate began the formal sale process in February, hiring Allen & Company and Latham & Watkins to lead the sale, which is expected to continue through the 2026 offseason.
- The Seahawks could be valued between $8 billion and $11 billion, potentially surpassing the record $6.05 billion sale of the Washington Commanders in 2023.
- Despite the sale process, the Seahawks are operating normally, highlighted by a recent contract extension for receiver Jaxon Smith-Njigba, signaling continued investment in the team’s future.
- The Paul Allen estate recently completed another major sale with the NBA’s Portland Trail Blazers, sold for approximately $4 billion to a group led by investor Tom Dundon.