Mark Zuckerberg, Tim Cook are among potential suitors for Seahawks
The Seahawks are up for sale, with multiple billionaires—including Facebook/Meta mogul Mark Zuckerberg and recently-retired Apple CEO Tim Cook—considering bids. Two unnamed suitors are also exploring offers. The next owner will pay a record amount for controlling interest in the team. Previous reports indicated the price range would be $9 billion to $11 billion, surpassing the $6.05 billion paid by the Washington Commanders in 2023. Zuckerberg has sufficient wealth to fully acquire the team, while Cook’s net worth of $2.9 billion makes a full purchase unlikely, limiting his role to a minority partner. The Seahawks officially entered the market on February 18, following league pressure on current owner Jody Allen to comply with Paul Allen’s wishes to sell the team and distribute proceeds to his charities. A $5 million fine for non-compliance was later rescinded. The team’s status as a Super Bowl champion adds prestige but does not significantly impact financials, as the sale hinges on acquiring a valuable, appreciating asset. The NFL’s ownership rules and Paul Allen’s legacy drive this transaction.
Source: NBC Sports