In a statement released by the Portland Trail Blazers and Seattle Seahawks, Jody Allen said that neither team is for sale and there are no discussions happening, however “a time will come.”
Jody Allen, sister of Microsoft co-founder Paul Allen, was named executor of his estate when he died in 2018.
The statement said her long-term focus for the Trail Blazers and Seahawks was to build championship teams that the communities were proud of.
Allen said she trusts the team leaders and coaches to build winning teams that deliver results.
“Neither of the teams is for sale and there are no sales discussions happening,” Allen stated.
However, Allen said that “a time will come when that changes,” saying due to Paul Allen’s plan to dedicate the majority of his wealth to philanthropy, that a time to sell could take 10 to 20 years.
At the time of his death, Paul Allen was ranked by Forbes as the 44th-wealthiest person in the world, with an estimated net worth of $20.3 billion.
Allen said there was no pre-ordained timeline to sell the teams.
She closed out the statement saying, “Until then, my focus – and that of our teams – is on winning.”
©2022 Cox Media Group