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NFL Reaches Agreement for Seahawks Team Sale Amid Ownership Non-Compliance Reports

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Seattle Seahawks Ownership Saga: Sale Imminent Amid Compliance Issues

The Wall Street Journal reported that the NFL had fined the Seattle Seahawks $5 million due to non-compliance with ownership requirements. This was attributed to Jody Allen's continued ownership of the team, which was mandated to be sold under the terms of her late brother Paul Allen's estate. The NFL subsequently denied that a fine had been issued.

Sources indicate that the league agreed not to proceed with the financial penalty. This decision was made in exchange for a commitment from the ownership to sell the team.

Record-Breaking Sale Expected for Seahawks Franchise

The sale process for the Seahawks franchise is expected to commence shortly. The anticipated sale price is estimated to range between $9 billion and $11 billion. This valuation would surpass the current record for an NFL franchise, which was set in 2023 when Josh Harris acquired the Commanders for $6.05 billion.

Potential Buyers: Bezos Not Expected to Bid

Speculation regarding potential buyers has included Amazon founder Jeff Bezos. However, individuals familiar with the situation do not anticipate Bezos will make an offer for the franchise. It is expected that the team will be acquired by an as-yet-unidentified billionaire.