Who is Jody Allen, owner of Seahawks who plans to sell team and donate proceeds to charity — here’s her net worth
US billionaire Jody Allen is under the spotlight during the Seattle Seahawks’ performance in the Super Bowl and has reportedly planned to sell his National Football League (NFL) team and donate the proceeds to charity.
The team captured the Lombardi trophy following a decisive 29-13 victory over the New England Patriots on February 8. Sources told Fortune that Allen’s appearance at the Super Bowl victory parade, watched by 120 million people, will likely be his last. They added that he plans to sell his NFL team and donate the proceeds to charity.
Who are Jody Allen and his family?
Jody Allen, 67, is the president and trustee of the Seattle Seahawks and the National Basketball Association team Portland Trail Blazers, Fortune reports; both of which he inherited from his late brother and Microsoft co-founder Paul Allen.
Paul Allen, who had no wife or children, passed away in 2018 at the age of 65 after battling non-Hodgkin’s lymphoma. At that time his fortune was $20 billion. The tech billionaire is credited with saving and revitalizing his hometown NFL team, the Seahawks, which he bought for $197 million in 1997.
Since the inheritance, Jody Allen has focused on philanthropic efforts in the arts, education, and environment (largely in the Pacific Northwest, where they grew up) through her and her brother’s charitable foundation.
Allen Family Philanthropies (formerly the Paul G. Allen Family Foundation) was founded by the brothers in 1988, when Jody was 29 years old. In addition to his family-oriented philanthropy, Jody is co-founder and president of the Allen Institute, a Seattle-based bioscience research nonprofit, and serves as the founding director of the Seattle Museum of Popular Culture.
Why is there speculation about charitable sales of assets?
Paul Allen’s will calls for his assets, including the Seahawks, Trail Blazers and a 25% stake in the MLS Seattle Sounders, to be sold to fund charities, according to a Fortune report.
It looks like Jody is moving to do the same; According to the report, Allen’s estate has signed a formal agreement to sell the Trail Blazers in September 2025 for an estimated $4 billion. Reuters reported that there were also rumors of a post-Super Bowl sale of the Seahawks.
When asked about the Seahawks, a spokesperson for the estate told Fortune that there are no similar plans at this time, but “that will change at some point.” When similar speculation emerged in 2022, Jody dismissed the move, saying in a press release: “Properties of this size and complexity can take 10 to 20 years to close. There is no set timeline for selling teams. Until then, my focus and our teams’ focus is on winning.”
In a statement to Reuters ahead of the Super Bowl, a club spokesman said: “We do not comment on rumors or speculation and the team is not for sale. We have already said that this will change at some point in line with Paul’s wishes, but I have no news to share. Our focus right now is on winning the Super Bowl (completed as of Sunday) and completing the sale of the Portland Trail Blazers in the coming months.”
What is Jody Allen’s net worth?
According to a report by Spanish outlet Marca, it is difficult to estimate Jody Allen’s exact net worth because he is a private individual who manages a complex and massive estate, including his late brother’s assets.
Data from business insider 1075TheFan.com was cited to peg his personal net worth at approximately $20 billion. The insider also placed the Allen estate in the top four in terms of net worth among NFL owners.
