Who Owns the Seattle Seahawks? The History Of This NFL Team.

The Legacy of the 12th Man

The Seattle Seahawks are renowned for their intensely loyal fan base, famously known as the 12th Man. This support has created a home-field advantage that's among the most intimidating in the NFL. Ownership of the team has played a pivotal role in cultivating this culture.

Origins: The Nordstrom Family Era

The Seahawks were established in 1974 and originally owned by the Nordstrom family, founders of the department store chain. The family was instrumental in the team's early success and growing local support. However, multiple player strikes during the 1980s led to their decision to sell. Their era is still remembered fondly by long-time fans.

Jody Allen’s Role as Current Owner

Following Paul Allen’s passing in 2018, his sister Jody Allen assumed ownership as the trustee of his estate. Despite ongoing speculation, Jody has shown no urgency in selling the team. Her long-standing involvement with Vulcan Inc. suggests a deep connection to the organization’s vision.

Ken Behring’s Controversial Tenure

Real estate magnate Ken Behring purchased the team in 1988, marking a tumultuous period. His time as owner was marred by poor performance and an attempted move to Anaheim. This relocation violated King County contracts, prompting the NFL to intervene. Ultimately, Behring returned the team to Seattle, but his reputation never recovered.

Paul Allen Saves the Franchise

With Seattle’s team at risk of relocation, Microsoft co-founder Paul Allen stepped in during 1997. Allen agreed to buy the Seahawks for $200 million, contingent on a public vote to fund a new stadium. The measure passed narrowly, allowing Allen to lead the franchise into a successful era. He is credited with revitalizing the team and securing its place in Seattle.

The May 2024 Sales Clause

A key legal clause tied to the stadium referendum expired in May 2024. Prior to that date, any sale would have incurred a 10% fee to Washington State. Now that the clause has expired, financial barriers to selling the team have been removed. This has reignited speculation around a possible near-future sale.

Jim Irsay’s 2022 Prediction

Indianapolis Colts owner Jim Irsay suggested the Seahawks might be the next NFL team sold. His statement was made in 2022, pointing toward 2024 as a potential timeline. Although he lacked insider knowledge, the comment gained traction due to timing. The lifting of the sales clause adds weight to Irsay’s remarks.

Jeff Bezos as a Leading Contender

Amazon founder Jeff Bezos has been linked to multiple NFL ownership opportunities. While previously rumored to be interested in the Washington Commanders, Seattle ties remain strong. Bezos could bring massive financial backing and community involvement. He’s widely considered a frontrunner should the team go up for sale.

Steve Ballmer’s NFL Potential

Former Microsoft CEO Steve Ballmer already owns the NBA’s Los Angeles Clippers. He’s one of Seattle’s wealthiest residents and has previously expressed interest in sports franchises. Though his passion has leaned toward basketball, his resources and local ties make him a viable buyer.

Josh Harris: Persistent NFL Bidder

Josh Harris, who owns the Philadelphia 76ers, has long sought entry into the NFL. He nearly bought the Denver Broncos and remains active in pursuing team acquisitions. Though not local, his dedication to owning an NFL team makes him a serious candidate. A Seahawks opportunity would certainly attract his interest.

Estimated Value of the Franchise

The Seahawks were recently valued at $4.5 billion, close to the Broncos’ $4.65 billion sale in 2022. Given market growth, a future sale could easily surpass the $5 billion mark. Recent NFL sales have shown that franchise prices can exceed expectations. Seattle’s strong roster and market position only boost this outlook.