The Philadelphia Eagles aren’t on the market, but the NFL may have just handed everyone a new way to think about what the franchise is worth.
The reason is Seattle. The estate of Paul Allen has agreed to sell the Seahawks to the Khosla family and limited partners for $9.612 billion, pending league review and approval.
If it goes through, that figure would blow past the NFL’s previous record, set when Josh Harris’ group bought the Washington Commanders for $6.05 billion in 2023. More than that, it would be another loud signal that the biggest NFL teams can command far more on the open market than the annual valuation lists tend to show.
That has obvious implications in Philadelphia, where the Eagles already sit near the top of the league’s financial ladder. Sportico valued the team at $8.43 billion, sixth in the NFL, after Jeffrey Lurie had previously sold small minority stakes at a valuation just above $8.3 billion. The Philadelphia Inquirer also pointed to those minority-stake transactions as part of the backdrop for the club’s valuation.
Seattle’s sale price changes the math. Sportico had pegged the Seahawks at $6.59 billion, yet the agreed number is almost 46% higher.
Even if only part of that premium is applied to the Eagles, Philadelphia jumps comfortably beyond $9 billion. If the full open-market bump is used, the Eagles could be viewed as a team worth more than $12 billion in a full-control sale.
None of that means Lurie is trying to move on from the franchise. He reportedly kept control of 85% of the team after those minority transactions, and there’s been no sign he intends to sell more. Lurie bought the Eagles in 1994 for a reported $185 million, then a record for a sports franchise, and that purchase has since turned into one of the most valuable assets in all of pro sports.
Philadelphia has the ingredients that matter in these conversations: a huge fan base, a premium NFL brand, championship success, stable ownership, and one of the league’s most aggressive roster-building operations. If Seattle can get close to $10 billion because of scarcity, stability, and league economics, the Eagles clearly belong in the next valuation tier.
The conservative read is that the Eagles are already worth more than $9 billion. The more aggressive one is that, if Lurie ever decided to put full control of the team on the market, the price could push well beyond $10 billion.
In Other News...
Seahawks Sale Could Reset What Fans Think This Franchise Is Worth
The Seahawks pending sale is already doing more than resetting the record books. With the estate of Paul Allen agreeing to sell the franchise to the Khosla family and limited partners, the price tag is forcing a fresh look at what NFL teams are actually worth in todays market, not just what the public estimates say they are. For a league where ownership stakes rarely change hands, a number like that tends to ripple quickly beyond one city.
Baltimore is one of the teams now getting dragged into the conversation, even though Steve Bisciotti has given no indication he wants to sell. The Ravens have been publicly valued around $6 billion, but a Seahawks-style premium suggests the real market could be meaningfully higher than that, which is exactly the kind of number that changes how owners, bidders and league insiders think about the next franchise to come available. [Read more 🡒]
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One name that keeps surfacing is Kayvon Thibodeaux, whose situation in New York has become more interesting as the Giants weigh their long-term plans at edge rusher. Seattle is also being linked to other possibilities as it looks for ways to upgrade, but every option comes with its own set of questions and timing issues. For now, the Seahawks are still in the stage of exploring what might be available, which is often the hardest part of an offseason decision that fans can already feel coming. [Read more 🡒]
Seahawks Suddenly Have A Real Debate Behind Jaxon Smith-Njigba
Jaxon Smith-Njigba has already made the Seahawks wide receiver hierarchy pretty clear at the top. After leading the NFL in receiving yards last season, he is firmly established as Seattles No. 1 option, and the more interesting question now is how the rest of the depth chart sorts itself out behind him as the team looks to build out the passing game.
Cooper Kupp is currently listed as the No. 2 receiver, but there is real competition brewing for that spot because of Rashid Shaheeds expected expanded role. Shaheed brings speed and versatility to an offense that can use both, while Kupps recent injury history keeps the door open for a change if Seattle decides the pecking order needs to shift as the season goes on. [Read more 🡒]
