Seahawks, Trail Blazers Chair Jody Allen says neither team is for sale
SEATTLE, Wash. — Neither the Seattle Seahawks nor the Portland Trail Blazers are for sale, Jody Allen declared in an effort to deter rumors and public offers to buy two of the Pacific Northwest’s most prominent sports organizations.
The public statement was published on the morning of July 5, 2022, re-affirming her commitment to building winning products in the Pacific Northwest:
“As chair of both the Portland Trail Blazers and the Seattle Seahawks, my long-term focus is building championship teams that our communities are proud of. Like my brother Paul, I trust and expect our leaders and coaches to build winning teams that deliver results on and off the court and field.
As we’ve stated before, neither of the teams is for sale and there are no sales discussions happening.
A time will come when that changes given Paul’s plans to dedicate the vast majority of his wealth to philanthropy, but estates of this size and complexity can take 10 to 20 years to wind down. There is no pre-ordained timeline by which the teams must be sold.
Until then, my focus – and that of our teams – is on winning.”
Jody Allen was named the Chair of the two organizations after the passing of her brother, Paul Allen—a highly-esteemed figure in the sports world who made his fortune as a co-founder of Microsoft and an expert investor. The billionaire philanthropist turned his focus to sports in 1997, when he purchased the Seattle Seahawks. Then in 1988, he bought the Portland Trail Blazers.
After a years-long battle with cancer, Paul Allen passed away at 65 years old in 2018. His sister and business partner, Jody, was named the executor and trustee of his estate—effectively putting her in charge of his will and settling his fiscal affairs.
On June 2, 2022, Nike co-founder Phil Knight and Los Angeles Dodgers co-owner Alan Smolinsky made a $2 billion offer to buy the Blazers, as publicly reported by ESPN’s top NBA insider, Adrian Wojnarowski. Speculation also spiraled that the Seahawks could be sold after the team moved into a rebuild by trading franchise quarterback Russell Wilson during the offseason. Those rumors have been put to rest.
Jody Allen was a drama student at Whitman College in Walla Walla. She was a member of the school’s graduating class of 1980.
RECENT SPORTS HEADLINES FROM THE KAPP-KVEW NEWS STAFF:
- PBR Challenger Series saddles up at the Toyota Center in September 2022
- WSU legend Klay Thompson makes history with fourth NBA championship
- SEE3SLAM creates community fun while raising money for cataract surgeries
- Meet pickleball: WA’s official sport is a mix of tennis, ping pong, and badminton
- Yakima native MarJon Beauchamp drafted by Milwaukee in the first round of the 2022 NBA Draft
COPYRIGHT 2022 BY YAKTRINEWS. ALL RIGHTS RESERVED. THIS MATERIAL MAY NOT BE PUBLISHED, BROADCAST, REWRITTEN OR REDISTRIBUTED.