The Seahawks appear to be one of the best-positioned teams in the NFL.

They have a young, proven head coach in Mike Macdonald, an apparent franchise quarterback in Sam Darnold, one of the league’s best wide receivers in Jaxon Smith-Njigba, and a deep, diverse well of talent on defense.

Despite that, the pending sale of the club has a weaker-than-expected market, per ESPN’s Seth Wickersham, with one NFL owner describing it as “soft.” Wickersham adds that there is less interest in the Seahawks than there was in the Broncos and the Commanders, the last two franchises to change hands.

The Walton-Penner family paid $4.65 billion for the Broncos in 2022, and a Josh Harris-led group purchased the Commanders for $6.05 billion in 2023. A commensurate increase three years later would price the Seahawks at $10.25 billion.

The team’s price tag was initially expected to match or exceed that number, but projections have since dropped closer to $9 billion. That would still be the highest sale price of an NFL team, though it falls substantially below the Dolphins’ recent $12.5 billion valuation.

There are a limited number of potential buyers with known interest in the team with tech billionaires Jeff Bezos, Mark Zuckerberg, and Tim Cook already ruled out. Wyc Grousbeck and Vinod Khosla are leading ownership groups preparing for bids, and Canadian billionaire Steve Apostolopoulos has also been mentioned, per Sports Illustrated’s Albert Breer. Apostolopoulos was interested in purchasing the Commanders in 2023, though he told Wickersham that he is “not pursuing the Seahawks.” If there are only two ownership groups vying for the Seahawks, that will limit the potential for a bidding war that could push the sale price into eight digits.

The lack of interest is multifaceted. The number of individuals with enough wealth to lead an ownership group is already small, and league rules mandate a 30% down payment – ranging from $2.7 to upwards of $3 billion – from the new majority owner.

The circumstances of the sale give potential buyers “significant leverage,” Wickersham adds. Longtime Seahawks owner Paul Allen passed away in 2018, leaving behind instructions for the team to be sold with the proceeds donated to charity. His sister, Jody Allen, has initiated that process after eight years. Selling to fulfill a mandate rather than by choice will push down the price. Allen’s estate had the same directive for the NBA’s Portland Trail Blazers, who were sold for $4.2 billion in 2025, significantly lower than the sales of the Boston Celtics and the Los Angeles Lakers in the same year. (The Celtics and the Lakers are substantially more successful franchises with storied histories, but that is still a depreciated price for an asset that is always increasing in value.)

Other local concerns include the potential for an NBA franchise to return to Seattle almost 20 years after the Supersonics departed for Oklahoma City. The city’s MLS team, the Sounders, who share Lumen Field with the Seahawks, are also exploring a new, soccer-specific stadium, according to ESPN’s Jeff Carlisle. Potential Seahawks buyers could be more interested in bringing basketball back to Seattle, and hammering out stadium situations for all three teams could get complicated both politically and financially. 

View Comments (1)