Potential Seattle Seahawks ownership bidder reportedly emerges
Billionaire financier Todd Boehly is "weighing a bid" for the Seahawks, according to a report Tuesday by Semafor.
Watch: Brock Huard's Seahawks Training Camp Takeaways | 1 min
A new name has emerged as a potential bidder for the Super Bowl champion Seattle Seahawks, who are currently up for sale by the Paul Allen estate.
Seahawks star JSN makes TIME’s top 100 list for sports
According to an article published Tuesday by Liz Hoffman of Semafor, billionaire financier Todd Boehly is “weighing a bid” for the Seahawks.
Boehly is chairman and owner of Chelsea Football Club and a member of the ownership groups for the Los Angeles Dodgers, Los Angeles Lakers and Los Angeles Sparks. He is also co-founder, chairman and CEO of Eldridge Industries, per his bio on the Dodgers’ front office directory.
The Semafor report says that Boehly “has approached potential partners including Guggenheim Partners CEO Mark Walter, with whom he jointly owns the Lakers and Chelsea soccer club, and Middle East investors about teaming up on a bid for the Seahawks, people familiar with the matter said.”
Reporter explains why Seahawks sale could mean a new stadium
Forbes lists Boehly as having a real time net worth of $9.3 billion, which ranks 378th in the world. He is an alum of The College of William & Mary in Virginia and resides in Miami.
Boston Celtics investor Aditya Mittal, along with former Celtics control owner Wyc Grousbeck, were reported by Sportico early last month to be preparing a bid to purchase the Seahawks, as was San Francisco 49ers investor Vinod Khosla.
NFL Network insider Ian Rapoport said on The Pat McAfee Show late last month that the Seahawks could have a new owner by the time the 2026 NFL season kicks off on Sept. 9, adding that the market for the team is “robust in the way it is trending” and that a sale for the franchise “could eclipse $10 billion.”
Paul Allen’s estate announced it was starting the formal sale process of the Seahawks on Feb. 18, 10 days after the franchise won its second Super Bowl championship. A sale of the Seahawks had been expected since Allen’s death at age 65 in 2018. He made it a directive for his trust to sell both the Seahawks and the NBA’s Portland Trail Blazers, with proceeds to be donated to philanthropic efforts.
Seattle Seahawks news and more
• Details on Derick Hall deal and Seahawks’ current salary cap space
• ‘No drop-off’: Intensity stood out to Wyman at Seahawks OTAs
• Bump: How Seattle Seahawks WR Shaheed can take a big step
Related
Roster Moves: Seahawks sign LB and waive another
49ers WR Ricky Pearsall to undergo season-ending knee surgery
Seahawks WR Tory Horton hopes to pick up where left off before ’25 injury
Dante Fowler Jr. on joining Seahawks: ‘I like what the standard is’
The champion Seahawks’ team rating in Madden is complete disrespect
Sam Darnold uninterested in narratives, focused on Seahawks defending title
Comments
3 Comments
Under no circumstances should the Seahawks EVER entertain bids from SoCal investors. The whole reason Paul Allen bought the team was to rescue it after Ken Behring spirited it away in the middle of the night. Withb the Raiders gone to Las Vegas, chances are high that the 'Hawks are a prime vanity acquisition target. Demand local ownership! It's what Paul Allen would have wanted.
Ugh. Multiple ownership from others who own other sports franchises including our rival 9ers? No thank you.
So, does the biggest charity of all, the State of Washington, get a 10% tax on the sale of Seahawk stock to the new owners. Remember the Capital Gains Tax the DEMOCRATS passed? That’s why Bezos is gone. By the way, is everybody’s favorite, Bill Gates, still a Washington Resident? My guess is, no way, Jose. More will be leaving.