Seattle Seahawks put up for sale after Super Bowl win / Photo: Chris Graythen - GETTY IMAGES NORTH AMERICA/AFP/File
-
France far right expels policeman member over racist remarks
-
Global Multi-Asset Broker FP Markets Secures UAE CMA Category 5 Licence
-
Pakistan collapse to 133 all out against England in 3rd Test
-
Brent oil passes $100 on Mideast flare-up, stoking inflation worries
-
Heat forces French champagne makers to stiffen their drink
-
'Nothing left': thousands in Yemen flee deadly Houthi clashes
-
Iran war drives oil prices to $100 per barrel as Tehran strikes ships
-
Spain endured hottest summer on record: weather agency
-
Pakistan collapse to 100-7 against England in 3rd Test
-
'A celebration': Amsterdam museum unveils Kusama show weeks after death
-
Workers, migrants focus of documentaries by Oscar winners at Venice
-
IC Markets Australia Wins People's Choice Forex Broker Innovation Award at the 2026 Finder Innovation Awards
-
Nepal seeks survivors two weeks after deadly floods
-
Brent oil tops $100 on Mideast flare-up, fanning inflation fears
-
Bangladesh measles crisis kills more than 1,000 children
-
EU wants to edge out China in public contracts
-
Pakistan collapse to 26-4 against England in 3rd Test
-
Google unveils 13 bn euro AI expansion in Finland
-
EU helps cities tighten screws on Airbnb, holiday rentals
-
Singapore's hefty ministerial pay hikes draw mixed feelings
-
Courtois to put Belgium career on hold
-
Cyberattack ruled out in UK air traffic glitch as more flights axed
-
RavenDB Launches Quill to Bring Production AI Agents to Enterprise SQL Systems, No Migration Required
-
Ekiden Launches Canton Network’s First Order Book-Based Derivatives Exchange
-
Affleck family affair at Venice for Casey's latest film 'Company'
-
Germany's Merz accuses AfD of promoting 'ethnic cleansing'
-
Yemen rebels report fresh Saudi strikes as conflict deepens
-
Japanese director Kore-eda's manga film charms critics in Venice
-
'They're playing with our lives': AI researcher quits Anthropic
-
As African space race heats up, Senegal pursues homemade satellites
-
Series finale of 'Babylon Berlin' offers dark mirror for today's Germany
-
UK's little-known Bayeux Tapestry replica steps into spotlight
-
Zara owner Inditex boosts profits as sales grow across board
-
Shelton stuns Alcaraz in 3:34 am US Open finish, Sabalenka battles on
-
Alcaraz out in latest US Open finish, Sabalenka through on marathon day
-
Alcaraz falls to Shelton in epic latest-ever US Open finish
-
Brent breaks $100 on Mideast flare-up, fanning inflation fears
-
Tradition Announces Partnership With Affin Moneybrokers to Support Malaysian Market Data
-
South Korea video game tycoon to pay record $1.5 bn in divorce
-
Protesters urge South Korea to stay out of Iran war
-
'Long live Chairman Mao': Supporters pay respects to founder of Communist China
-
Africa's informal economy: a burden and lifeline
-
Sweden immigration restrictions spark healthcare concerns
-
Kenyan start-up makes robotic limbs to sign for deaf kids
-
EU to help cities tighten screws on Airbnb, holiday rentals
-
Iran, US trade blows as Hormuz impasse deepens
-
'Our year': Kane and Bayern primed for Champions League tilt
-
The round-the-clock monitors protecting Bhutan from glacier risk
-
Australian World Cup star Volpato fined over positive cocaine test
-
'Hell': Father of surfers killed in Mexico testifies at trial
NYSE - LSE
Seattle Seahawks put up for sale after Super Bowl win
The Seattle Seahawks have officially been put up for sale, the club said on Wednesday, just weeks after the NFL franchise won the Super Bowl.
The Seahawks have been owned by the Allen family since 1997, when the club was purchased by late Microsoft co-founder Paul Allen.
His sister Jody has controlled the team since Paul's death in 2018, and has long said that it would eventually be sold under her brother's plans to give most of his wealth to charity.
"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," said an official statement.
Talks with potential buyers are expected to continue through the 2026 off-season. NFL owners must then ratify a final purchase agreement.
The Seahawks defeated the New England Patriots 29-13 earlier this month, to claim just their second Super Bowl win.
Shortly before the NFL championship decider, US media had reported that the sale was imminent and that talks "at ownership and league levels" had already begun.
The reports, citing anonymous NFL and Seahawks sources, claimed that the franchise was valued at $7 billion to $8 billion.
The franchise has been based in Seattle since it was founded in 1974. It was reportedly on the cusp of a controversial move to Los Angeles before it was bought by Allen in 1997.
Allen also purchased the Portland Trail Blazers NBA basketball team, which is currently being sold off by the family estate.
D.Cunningha--AMWN
