Pete Carroll: Jody Allen has “never entertained” the thought of selling the Seahawks

Seattle Seahawks v Los Angeles Rams
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With the Broncos selling for $4.65 billion and the price expected to keep going up and up (and up), rumors are lingering that the Seahawks could be in play.

On Thursday, coach Pete Carroll was asked about the possibility of the team being sold by owner Jody Allen.

“She’s never entertained that thought at all,” Carroll said. “I haven’t heard her say that at all.”

The chatter of a potential Seahawks sale gained new life in recent days, given the fact that Nike founder Phil Knight submitted a written offer for the Portland TrailBlazers, the NBA team owned by Jody Allen.

“I’m talking about our club, so I don’t know anything about the Trailblazers,” Carroll said. “They’re fun to watch.”

The chatter first emerged from a report that the late Paul Allen’s trust calls for the TrailBlazers and Seahawks to be sold, with the proceeds going to the “passion projects” that he supported. Without seeing the language of the trust, it’s impossible to know whether that’s true.

And it’s entirely possible that the trustees, along with Jody Allen, have opted for strategic denial and deflection on this issue, in order to ultimately get the most money for either or both teams.

The best leverage to get the highest sale price often comes from selling the idea that the team won’t be sold. The Broncos didn’t have that luxury; the league would no longer allow the team to be held by a three-person trust. The Seahawks, who have one person calling the shots in Jody Allen, have no such urgency.

So maybe the smart move is to be coy, in order to get the offers to go higher and higher.

With 76ers co-owner Josh Harris ready to pay $5 billion for the Broncos — but not willing to make a $5 billion bid without knowing it would secure the team — it’s safe to say he’d pay that much right now for the Seahawks. That would be quite a return on the $197 million that Paul Allen reportedly paid for the team in 1997.

In the next couple of years, $5 billion could become $6 billion. Could become $7 billion. As those numbers increase, the chances of Jody Allen cashing out increase, too.

11 responses to “Pete Carroll: Jody Allen has “never entertained” the thought of selling the Seahawks

  1. One thing that seems to be forgotten is owning a NFL is a guaranteed perpetuity (one of the best out there) payment (roughly about $200 million, minus costs of running the team) that is growing at a fairly good rate. A sensible move would be to keep that yearly income to fund Mr. Allen’s projects.

    Though Bezos could hop on a bus and go a few blocks to Vulcan and write a check (pocket change to him) at anytime for a sensible organization unlike the pure crap in Washington.

  2. Not really shocked anymore. The NFL teams are single business entity’s. No one is shocked when companies merge and it billions in cash and stock .

  3. So I guess that means she’s going to sale: Given his comment about no intention to trade Russell Wilson…

  4. Is it possible that the team could be sold and they don’t want Pete to know? Like abandoning a pet you no longer want?

  5. Coaches coach. Owners own. Does Pete consult players on Coaching and General Manager decisions ? Ok so maybe he should have asked Marshaun about that pass in the Super Bowl. Ms Allen does not need to consult with Pete on ownership decisons.

  6. Pete would not necessarily know. Why would you tell the head coach you were selling the team?

  7. If I’m a prospective owner, I want a team that has no franchise QB, a front office long in the tooth & fans that would be excited to see a new direction after several years in mediocrity. I can come in, quickly establish my own staff & get looking for that new QB. Really sounds like the time is right to buy the Seahawks, if only I had 5 billion laying around.

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