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Report: After Paul Allen's death, Seahawks will eventually be sold, possibly for record amount

The report states that no sales are imminent, but a follow-up plan was submitted with NFL, with detailed sales plans…

The report states that no sales are imminent, but a follow-up plan was submitted with NFL, with detailed sales plans to go to the Paul G. Allen Foundation.

Some clarification regarding the future ownership of Seahawks was revealed via a NFL.com report Sunday morning which said the team is expected to eventually be sold by Paul Allens God, with revenues going to his foundation, and the team who lives in Seattle.

Allen’s sister, Jody, has taken a more visible role in the team since Allen’s death on October 1

5 with Allen’s good friend, Bert Kolde, vice chairman of the team, still retaining that role.

The report states that no sales are imminent but that a follow-up plan was submitted with NFL, as needed. The plan specified the likely event and noted that NFL commissioner Roger Goodell has said that the team will remain in Seattle.

The Paul G. Allen Foundation, according to the report, consolidated all of Allen’s reasons and would be the recipient of the transaction.

The report states that potential buyers are already researching and preparing to bid on the team, as the report says “could make a record” for the most expensive North American pro sports franchise.

Allen bought teams for $ 194 million in 1997. Forbes magazine recently rated Seahawks at $ 2.58 billion.

The latest NFL franchise that would be sold was Carolina Panthers, for $ 2.2 billion.

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