The Seahawks franchise is poised for new ownership as two major groups have surfaced as the primary contenders in the ongoing sale process. This competitive bidding follows the decision by owner Jody Allen to put the team on the market earlier this year.

One prospective ownership consortium pairs Wyc Grousbeck, the former owner of the Boston Celtics and current alternate governor of the team, with Aditya Mittal, also a Celtics alternate governor. Their joint effort faces competition from Vinod Khosla, a minority investor in the San Francisco 49ers. Both groups have attracted notable support within the football community, including at least one former Seahawks player, although the player’s identity and alliance remain confidential.

Other high-profile prospective buyers have withdrawn from consideration. Todd Boehly—chairman of Chelsea Football Club and part-owner of the Los Angeles Dodgers and Los Angeles Lakers—was initially a candidate but has since exited the race. Likewise, Canadian billionaire Steve Apostolopoulos has stepped away from pursuing the club. Industry insiders suggest additional interested parties could still surface as the process unfolds.

The Seahawks sale represents a landmark transaction in the NFL, potentially eclipsing the record-breaking Commanders purchase in 2023 by Josh Harris for just over $6 billion. Market analysts estimate the Seahawks’ price could surpass $10 billion, reflecting the franchise’s value and appeal. Observers expect the deal might finalize before the NFL regular season begins, ushering in the first ownership change for an NFL team in several years.