Allen Estate Denies Rumors That Seahawks Will Be Sold After Super Bowl
Despite renewed speculation that the Seattle Seahawks could be placed on the market following the conclusion of the Super Bowl, the Paul G. Allen Trust has firmly stated that the franchise is not for sale. Rumors regarding a potential ownership change have circulated periodically since the passing of former owner Paul Allen in 2018, often intensifying around major league events. However, the estate has moved to dismiss the notion that a transaction is imminent, maintaining the position held by franchise chair Jody Allen.
Arguments regarding an eventual sale persist due to the known structure of Paul Allen’s trust, which stipulates that the vast majority of his assets must eventually be dedicated to philanthropy. Financial analysts and sports insiders have noted that while a sale is practically necessitated at some future point to fulfill these charitable mandates, the specific timeline remains indefinite. The estate has frequently pushed back against reports of a looming auction, emphasizing that the winding down of such a large trust is a complex process that could span many years, with no fixed deadline for divesting the sports assets.
Paul Allen originally purchased the Seahawks in 1997 to keep the team in the Pacific Northwest, preventing a potential relocation. Currently, the franchise is overseen by Jody Allen, Paul’s sister and the trustee of the estate. The organization continues to operate under her leadership, with the stated primary focus remaining on field performance and organizational stability rather than facilitating an immediate transfer of ownership.
