By Griffin Beach on Wednesday, February 18th, 2026 in Columbia Basin News More Top Stories
SEATTLE – There appears to be some truth behind the rumors that swirled during the week of the Super Bowl that the Seattle Seahawks would be sold after the championship game.
The Estate of Paul G. Allen announced Wednesday that it has commenced a formal sale process for the franchise, which won its second title this year. This action was consistent with Allen’s directive that the team eventually be sold.
The directive called for all of Allen’s sports properties to be sold and the proceeds donated to philanthropy. This includes the Portland Trail Blazers, who are in the stages of being sold to a group led by businessman Tom Dundon.
The estate said it has selected investment bank Allen & Co. and law firm Latham & Watkins to lead the sale process, which is estimated to continue through the offseason. Any purchase agreement must be ratified by at least 24 NFL owners.
The Microsoft co-founder purchased the team in 1997.