"The Seahawks and the NBA's Portland Trail Blazers have been owned by Allen's estate since the former owner and Microsoft co-founder died in 2018 after a yearslong battle with cancer. His sister, Jody Allen, has controlled the teams as the executor of the trust, with a directive from her late brother to eventually sell both and donate the proceeds to charity."
"The Seahawks are now beyond a date whereby a sale would've triggered sharing 10% of the proceeds with the state of Washington. If the Seahawks are put up for sale, it would be the first time in the Super Bowl era that the entirety of a team that played in the championship game gets put on the market shortly after the game. In February 1991, Preston Robert Tisch purchased 50 percent of the champion New York Giants."
The Seattle Seahawks will be put up for sale after Super Bowl LX. Ownership and league discussions took place in the week before the announcement. The franchise and the NBA's Portland Trail Blazers have been owned by Paul G. Allen's estate since his 2018 death, with Jody Allen controlling the teams as executor and directed to sell and donate proceeds to charity. The sale timing is beyond a date that would have required sharing 10% of proceeds with Washington. A post-Super Bowl listing of a championship participant would be unprecedented and could set a record NFL sale price.
Read at ESPN.com
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