The planned sale would cap years of questions about the franchise’s future that followed the 2018 death of former owner Paul G. Allen.
ESPN’s Seth Wickersham and Brady Henderson reported that the transaction is tied to the period after SB LX, which features Seattle facing the New England Patriots in Santa Clara on February 8.
Allen’s estate has owned both the Seahawks and the NBA’s Portland Trail Blazers since the Microsoft co-founder died in 2018 after a long battle with cancer.
The report notes that the information comes from sources familiar with the arrangement, who spoke to ESPN, with additional details expected to surface as the process advances.
This is a developing story; updates will follow as more information becomes available.