SUBSCRIBE
Tech Journal Now
  • Home
  • News
  • AI
  • Reviews
  • Guides
  • Best Buy
  • Software
  • Games
  • More Articles
Reading: Boston Celtics investors set to bid on Seahawks – GeekWire
Share
Tech Journal NowTech Journal Now
Font ResizerAa
  • News
  • Reviews
  • Guides
  • AI
  • Best Buy
  • Games
  • Software
Search
  • Home
  • News
  • AI
  • Reviews
  • Guides
  • Best Buy
  • Software
  • Games
  • More Articles
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Tech Journal Now > News > Boston Celtics investors set to bid on Seahawks – GeekWire
News

Boston Celtics investors set to bid on Seahawks – GeekWire

News Room
Last updated: May 7, 2026 4:39 pm
News Room
Share
2 Min Read
SHARE
Lumen Field in Seattle, home of the Seahawks. (GeekWire Photo / Kurt Schlosser)

Former Boston Celtics majority owner Wyc Grousbeck and Aditya Mittal, an investor in the NBA team, are preparing a bid to purchase the Seattle Seahawks, according to a report Thursday by Sportico.

The report cites multiple people familiar with the process in saying that Grousbeck and Mittal submitted a letter of interest to the banking team handling the sale process for the Paul G. Allen estate. The Seahawks, Grousbeck and Mittal declined to comment to Sportico.

Mittal is a member of one of India’s richest families and is CEO of ArcelorMittal, a Luxembourg-based steel manufacturing company. He invested $1 billion in the group that purchased the Celtics in 2025 for $6.1 billion.

Grousbeck led the ownership group that bought the Celtics in 2002 for $360 million.

At least one Seahawks fan site was optimistic about the potential bid. 12th Man Rising quoted Celtics expert Ben Handler, who called Grousbeck a popular owner who was “present but also hands off” — much like Paul and then his sister, Jody Allen.

“If the Seahawks are going to be sold, then Grousbeck and Mittal, who could invest the most amount of money, would appear to be the perfect transition from the Allen family,” the site said.

The estate of Allen, the late Microsoft co-founder, announced that the Seahawks were being put up for sale in February as part of the long process of divesting many of the assets and investments that Allen made during his lifetime. All proceeds are being directed toward philanthropy.

The team, which won its second NFL championship last season, is expected to fetch upwards of $7 billion.

A report last month named Apple CEO Tim Cook and Meta founder Mark Zuckerberg as potential Seahawks suitors, but the two denied any interest.

Read the full article here

You Might Also Like

StitcherAI emerges from stealth with $3M and a different take on the AI spending problem – GeekWire

With $54M and a SpaceX playbook, Seattle’s Endurance races to tap deep-sea volcanic power – GeekWire

At Tech Alliance annual luncheon, a stark economic analysis and a call to action – GeekWire

Wall Street is quietly betting on AI to beat inflation – GeekWire

Vibe coding needs an on-ramp — and seat belts – GeekWire

Share This Article
Facebook Twitter Email Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Trending Stories

News

Meet the 17 startups that took part in Creative Destruction Lab’s latest Seattle accelerator – GeekWire

July 2, 2026
Games

Following the success of Mouthwashing, developer Wrong Organ wasn’t ready to make a better ‘story game,’ so it’s making a ‘gameplay game’ instead

July 2, 2026
AI

About the Best Places to Work in IT – Computerworld

July 2, 2026
Software

Microsoft plans to lay off several thousand employees – Computerworld

July 2, 2026
Games

Hideo Kojima’s upcoming horror game OD is said to survive Microsoft’s culling for the second time now

July 2, 2026
News

Nvidia recruits longtime Microsoft sales leader Nick Parker with $40M+ pay package – GeekWire

July 2, 2026

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Follow US on Social Media

Facebook Youtube Steam Twitch Unity

2024 © Prices.com LLC. All Rights Reserved.

Tech Journal Now

Quick Links

  • Privacy Policy
  • Terms of use
  • For Advertisers
  • Contact
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?