The NFL said Sunday that the Seattle Seahawks were not fined for failing to comply with league ownership requirements to sell the team, contrary to a report of a $5 million penalty in the Wall Street Journal.
“As we told the WSJ yesterday on the record, the team was not fined,” NFL spokesman Brian McCarthy told Pro Football Talk on Sunday.
The Wall Street Journal article on Saturday included the league’s denial as well as the team — through a spokesman for Vulcan, Inc., the late Paul Allen’s company that manages the Seahawks — declining to comment on the fine.
The league and other owners are putting pressure on the trust that has controlled the franchise since owner Allen died in 2018, to sell the Seahawks, according to the article.
League rules require controlling ownership be an individual, not a larger entity such as a trust, according to the Wall Street Journal report.
Allen, a Microsoft co-founder who also owned the NBA’s Portland Trail Blazers, made the stated intention that the teams eventually be sold, with proceeds going to charity. His sister, Jody Allen, is executor of the trust.
Multiple reports on Friday said the Seahawks are up for sale immediately after Super Bowl LX next Sunday, when Seattle faces the New England Patriots in Santa Clara, Calif.
“We don’t comment on rumors or speculation, and the team is not for sale,” the Paul G. Allen Estate said in a statement on Friday. “We’ve already said that will change at some point per Paul’s wishes, but I have no news to share. Our focus right now is winning the Super Bowl and completing the sale of the Portland Trail Blazers in the coming months.”
The Trail Blazers went on sale in September 2025 and reportedly are being sold for more than $4 billion to a group of investors led by Tom Dundon, owner of the NHL’s Carolina Hurricanes.
Paul Allen’s estate does not include a hard deadline to sell the Seahawks, but one term expired in 2024 that would have required 10% of the proceeds to go to the state of Washington.
Per Sportico last summer, the Seahawks were valued at $6.59 billion, in the middle of the pack for NFL teams. Forbes’ December 2024 list of worldwide sports franchise values put the Seahawks in a tie for 24th place with the Los Angeles Dodgers at $5.45 billion.
The latest purchase of an NFL club was the $6.05 billion sale of the Washington Commanders in 2023. ESPN cited an anonymous team executive saying the Seahawks could be sold for $7 billion to $8 billion.
The highest-valued sports franchise is the Dallas Cowboys, listed by Sportico at $12.8 billion and by Forbes a year earlier at $10.1 billion.
Paul Allen spent $200 million in 1997 to buy the Seahawks from Ken Behring at a time when there was talk of the team relocating.
–Field Level Media
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