Wait Until You Hear What Happened: The $9 BILLION Bill For Our Seahawks Just Dropped and the 12s Need to See Who's Paying

Sports sports news

The $9 BILLION Bill For Our Seahawks Just Dropped and the 12s Need to See Who's Paying

Alright, 12s, buckle up because the future of our beloved Seahawks just got a whole lot clearer, and it's HUGE. That "secretive" sale of the Seattle Seahawks we've been hearing whispers about? It ain't so secret anymore! Bloomberg News, reported via Bob Condotta of the Seattle Times, just dropped the bomb: the first round of bids for our team were due today, June 29. Yeah, you heard that right. The process is officially underway, and some massive players are stepping up to the plate to potentially own our Hawks. This ain't just about money, folks, this is about the soul of our team and what's next for Lumen Field.

Who Wants to Own Our Emerald City Franchise?

So, who are these groups ready to shell out billions for our Seahawks? Condotta summarized three serious contenders for ownership. First up, we've got a group spearheaded by Wyc Grousbeck and Aditya Mittal, two alternate governors who also have ties to the Boston Celtics. Interesting, right? Then there's a group led by Vinod Khosla, who's already a minority owner of the San Francisco Giants. And finally, a big name in the sports world, billionaire Todd Boehly. He's got a piece of the L.A. Lakers and is the chairman and owner of the Chelsea Football Club. These aren't just rich folks, these are people deep in the sports ownership game. You gotta wonder what kind of vision each of them has for our team.

The Hidden Story Behind the Hawks Sale

Now, why are our Hawks even for sale? It goes back a bit. Jody A

Trade on Every Game with Kalshi

Click Here to sign up to Kalshi — Free $10 when you sign up using our link or use code: ONTAPSEA. The only federally regulated prediction market in the US. Trade on real sports outcomes. Available in all 50 states.

llen has owned the team since her brother, Paul, passed away in 2018. But before our guys even won Super Bowl LX, the Wall Street Journal put out a report saying the Seahawks had been hit with a $5 million fine. The reason? They apparently didn't comply with the NFL's ownership requirements. The NFL themselves insisted no fine was actually imposed, which is classic league PR, right? But PFT reported at the time that the league agreed to just withhold that fine. The catch? It was in exchange for a commitment to sell the team, as per Paul Allen's trust directives. So yeah, the sale has been in the cards for a minute, and the team was officially put on the block after we hoisted that Super Bowl LX trophy! Talk about going out on a high note.

What's Next for Our Hawks and the 12s?

So, bids are in. What does this mean for us, the 12s? Back in February, the final price for the franchise was expected to land somewhere between a whopping $9 billion and $11 billion. Think about that for a second. That kind of money can shape the future of a team for generations. A new owner could bring fresh perspectives, new investments, or maybe even shake things up in ways we haven't seen. We're talking about the direction of our team, the future of Lumen Field, and what kind of support our guys like Sam Darnold, Jaxon Smith-Njigba, and Julio Rodriguez will get. This isn't just a transaction, it's about the very heart of Seattle football. We'll be watching every step of the way, because our Hawks deserve the best, and so do the 12s. What group do YOU want calling the shots for our team?

This article was created with AI assistance and reviewed by Seattle On Tap editorial staff. Always verify information with official team sources.

Back to blog

Leave a comment