{"id":20380,"date":"2026-02-10T04:23:18","date_gmt":"2026-02-10T04:23:18","guid":{"rendered":"https:\/\/microvibenews.com\/?p=20380"},"modified":"2026-02-10T04:23:18","modified_gmt":"2026-02-10T04:23:18","slug":"why-billionaire-jody-allen-plans-to-sell-the-seattle-seahawks-and-donate-the-proceeds-to-charity","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=20380","title":{"rendered":"Why billionaire Jody Allen plans to sell the Seattle Seahawks and donate the proceeds to charity"},"content":{"rendered":"<p><img src=\"https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2026\/02\/GettyImages-2260129047-e1770658857145.jpg?w=2048\" \/><\/p>\n<p>Following a decisive 29-13 win Sunday night over the New England Patriots, the billionaire owner of the Seattle Seahawks, Jody Allen, took to the stage at Levi\u2019s Stadium to triumphantly hoist the Lombardi trophy in the air.<\/p>\n<div>\n<p>That appearance on the Super Bowl winner\u2019s stage, though, is likely to be Allen\u2019s last, as the team is reportedly up for sale, according to sources who spoke with ESPN last week. Her status as a billionaire entrusted with spending down a billionaire\u2019s fortune, and now a victorious Super Bowl winner eyeing a near-immediate exit from the field, makes her one of the most unusual figures in American sports.\u00a0<\/p>\n<p>The 67-year-old is the chair and trustee of the Seahawks and the Portland Trail Blazers with ownership over both passing to her after the 2018 death of her brother, Microsoft cofounder Paul Allen, after a battle with non-Hodgkin\u2019s lymphoma. The longtime owner of the Pacific Northwest sports franchises was worth roughly $20 billion at the time of his death, and was widely credited with revitalizing the Seahawks and keeping them in his hometown of Seattle. He also left behind no spouse or children.<\/p>\n<p>Despite her appearance Sunday in front of more than 120 million Super Bowl viewers, Allen maintains a low profile, keeping her head down to focus on philanthropic ventures. She has led transformative charitable measures at the helm of her and her brother\u2019s organization, dedicated to funding the arts, education, and the environment.<\/p>\n<p>Jody Allen has not yet confirmed the sale of the Seahawks, which her brother purchased for $197 million in 1997. But Paul Allen\u2019s will stipulated that his assets\u2014including the Seahawks, the NBA\u2019s Trail Blazers, and a 25% stake in the MLS\u2019s Seattle Sounders\u2014be sold to fund his charitable foundations. The Allen estate started to fulfill those wishes last September, entering a formal agreement to sell the Trail Blazers for an estimated $4 billion.\u00a0<\/p>\n<p>A spokesperson from Paul Allen\u2019s estate told <em>Fortune<\/em> the Seahawks are not for sale, but noted that \u201cthat will change at some point.\u201d<\/p>\n<h2 class=\"wp-block-heading\"><strong>A commitment to charity<\/strong><\/h2>\n<p>Jody Allen has overseen over $1 billion in charitable efforts since she cofounded Allen Family Philanthropies, formerly the Paul G. Allen Family Foundation, with her brother in 1988 at age 29. Last month, the organization dedicated $8 million to national conservation projects, including donations to the Nature Conservancy and the International Fund for Animal Welfare.\u00a0<\/p>\n<p>Many of Allen\u2019s donations target national initiatives flowing through the Pacific Northwest, where Allen and her late brother grew up together. Last November, Allen\u2019s philanthropic organization donated nearly $7 million to nonprofits in Seattle dedicated to bolstering emerging artists. That followed a series of charitable gifts to the Pacific Northwest focused on the arts and revitalizing the region\u2019s climate.<\/p>\n<p>Throughout the years, Allen has worn many hats within several arts and science foundations that she and her brother founded. For instance, she serves as founding director of Seattle\u2019s Museum of Pop Culture, and she\u2019s the cofounder and chair of a Seattle-based bioscience research nonprofit, the Allen Institute.<\/p>\n<h2 class=\"wp-block-heading\"><strong>A focus on winning<\/strong><\/h2>\n<p>While Allen has played a pivotal role in her brother\u2019s philanthropy arm, she has also remained razor-focused on winning as owner of the Seahawks and Trail Blazers. Following the end of the 2023 season, Allen announced an \u201camicable\u201d decision that longtime head coach Pete Carroll would step down, a move that elevated John Schneider to general manager, who then hired Mike Macdonald to succeed Carroll as head coach. Macdonald has led the team to a total of 27 wins during his two seasons as coach, culminating in Sunday\u2019s Super Bowl win.<\/p>\n<p>\u201cPete is the winningest coach in Seahawks history, brought the city its first Super Bowl title, and created a tremendous impact over the past 14 years on the field and in the community,\u201d Allen said in a 2024 press release.<\/p>\n<p>In 2022, Allen addressed the potential sale of the Trail Blazers and Seahawks, shaking off rumors and instead, redirecting attention to her commitment to victory.<\/p>\n<p>\u201cEstates of this size and complexity can take 10 to 20 years to wind down,\u201d Allen said in the press release. \u201cThere is no preordained timeline by which the teams must be sold. Until then, my focus\u2014and that of our teams\u2014is on winning.\u201d<\/p>\n<p><em>Editor\u2019s note: A previous version of this story characterized Allen Family Philanthropies as a part of Vale Group. The two entities are separate and distinct.<\/em><\/p>\n<\/div>\n<p>#billionaire #Jody #Allen #plans #sell #Seattle #Seahawks #donate #proceeds #charity<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following a decisive 29-13 win&hellip; <\/p>\n","protected":false},"author":1,"featured_media":20381,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[6720,2375,5264,12429,3118,12426,12425,3116,1298,548,12430,12428,12427,12350,183,3412],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/20380"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20380"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/20380\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/20381"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}