United States billionaire Jody Allen is within the highlight amid the Seattle Seahawks’ efficiency within the Tremendous Bowl, and reviews that she plans to sell the Nationwide Soccer League (NFL) team and donate the proceeds to charity.
The team nabbed the Lombardi trophy after a decisive 29-13 victory over the New England Patriots on 8 February. Sources advised Fortune that Allen’s look on the Tremendous Bowl victory ceremony watched by 120 million is possible going to be her final. They added that she plans to sell the NFL team and donate the proceeds to charity.
Who is Jody Allen and her household?
As per the Fortune report, 67-year-old Jody Allen is chair and trustee of the Seattle Seahawks and the Nationwide Basketball Affiliation team Portland Path Blazers — each she inherited from her late brother and Microsoft co-founder Paul Allen.
Paul Allen, who had no partner or kids, handed away in 2018 aged 65, after battling non-Hodgkin’s lymphoma. He was worth round $20 billion on the time. The tech billionaire was credited with saving and reviving his hometown NFL team, the Seahawks, which he purchased it in 1997 for $197 million.
For the reason that inheritance, Jody Allen has targeted on philanthropic endeavours (largely within the Pacific Northwest, the place they grew up) in arts, schooling and surroundings, by her and her brother’s charity organisation, it added.
The Allen Household Philanthropies (previously Paul G. Allen Household Basis) was co-founded by the siblings in 1988 when Jody was 29. Other than her household charity, Jody is cofounder and chair of a Seattle-based bioscience analysis nonprofit, the Allen Institute, and serves as founding director of Seattle’s Museum of Pop Tradition.
Why hypothesis over the sale of belongings for charity?
Notably, Paul Allen’s will stipulated that his belongings, together with the Seahawks, Path Blazers and 25% stake within the MLS’s Seattle Sounders—be bought to fund his charitable foundations, the Fortune report added.
Now, Jody is seemingly shifting to fulfill the identical — the Allen property in September 2025, entered a proper settlement to sell the Path Blazers for an estimated $4 billion, as per the report. Reuters reported that there is additionally buzz round Seahawks sale publish the Tremendous Bowl.
When requested in regards to the Seahawks, a spokesperson for the property advised Fortune that there are not any related plans at current, however “that can change in some unspecified time in the future.” In 2022 when related hypothesis arose, Jody in a press launch refuted the transfer saying that “estates of this dimension and complexity can take 10 to 20 years to wind down. There is no preordained timeline by which the groups have to be bought. Till then, my focus—and that of our groups—is on profitable.”
In an announcement to Reuters forward of the Tremendous Bowl, a membership spokesman stated: “We do not touch upon rumors or hypothesis, and the team is not on the market. We have already stated that can change in some unspecified time in the future per Paul’s needs, however I’ve no information to share. Our focus proper now is profitable the Tremendous Bowl (accomplished as of Sunday) and finishing the sale of the Portland Path Blazers within the coming months.”
What is Jody Allen’s net worth?
In accordance to a report by Spanish publication Marca, Jody Allen’s actual net worth is laborious to estimate as she is a non-public particular person dealing with a posh and huge property, together with her late brother’s belongings.
It cited information from enterprise insider 1075TheFan.com to peg her private net worth at round $20 billion. The insider additionally positioned the Allen property on the prime 4 in phrases of net worth amongst NFL homeowners.
Source link
#Jody #Allen #owner #Seahawks #plans #sell #team #donate #proceeds #charity #heres #net #worth #Company #Business #News
